Supreme Court Ruling on State Minerals Tax and Its Impact on Government Oil Companies | India News
India News: The decision of the Supreme Court's nine-judge Constitution bench on states' legislative competence to levy tax on mineral-producing land could have a significant impact on central oil companies. Assam, a major inland crude and natural gas producing state, has stated that the state tax due from crude extraction amounts to over Rs 4,500 crore. Find out more about the ruling and its implications for government oil companies.
Source: indiatimes.com
