PSUs, mining companies to pay states royalty, tax dues from 2005: Supreme Court | India News – Times of India

NEW DELHI: In a financial bonanza for mineral-rich states, Supreme Court on Wednesday asked public sector undertakings and private entities engaged in mining activities, as well as those using mineral produce as raw material, to pay arrears of royalty and tax on mineral-bearing land to states from 2005 in a staggered manner over the next…

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Retrospective royalty on minerals will ruin economy: Government | India News – Times of India

NEW DELHI: Pleading with the Supreme Court for prospective implementation of its nine-judge bench ruling allowing states to levy royalty on extracted minerals and tax on mineral-bearing lands, the Union government on Wednesday said retrospective application would create a burden humongous enough to ruin many PSUs and industries, dent the larger economy and send prices…

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Indian wedding season: Branded retailers celebrate rising demand for accessories – ET Retail

Representative Image Mumbai | New Delhi: From safa and mala to jooti and brooch, the quintessential Indian wedding is now incomplete without a touch of royalty for the bridegroom and even his immediate family and friends, making such accessories make-or-break accompaniments for wedding collection brands. “While it (accessories) accounts for just 7-8% of the wedding…

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