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Centre notified mineral auction rules to cap upfront payments

In a recent development, the central government has introduced new revisions to the Mineral auction rules. These changes aim to ensure transparency and fair competition in the bidding process. According to the revised rules, the upfront payment for mineral auctions will now be capped at Rs 500 crore.
Amendment Rules State Government Upfront Payment Mineral Auction Rules Level Playing Field Exploration Licenses

Latest News | Customs Officials Seize 12.22 Lakh Illegally Imported Cigarettes Worth Rs 2 Cr

Get latest articles and stories on Latest News at LatestLY. Customs officials in Delhi have seized illegally imported 12.22 lakh foreign-origin cigarettes worth Rs 2 crore. Latest News | Customs Officials Seize 12.22 Lakh Illegally Imported Cigarettes Worth Rs 2 Cr.
New Delhi Katra Bariyan Delhi Customs Preventive Gudang Garam Platinum Seven Customs Act

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[Mining Lease] Forfeiture Of Earnest Money Only When Documents Found Fabricated: Allahabad High Court Directs Refund Of Rs. 90 Lakhs

The Allahabad High Court has held that earnest money deposited for mining lease can only be forfeited when the documents of an individual are found to be false or fabricated upon investigation.The...
Uttar Pradesh State Of Uttar Pradesh Justice Anjani Kumar Mishra Justice Jayant Banerji High Court High Court Verdict
Source: livelaw.in

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