The Supreme Court on Tuesday resumed its 4th day of hearing the 9-judge constitution bench matter about royalties imposed on mining. Senior Advocate Harish Salve, representing the Eastern Zone Mining Corporation, contended that Entry 50 is sui-generis, and the limitation on taxing power arises from the law of mineral development, not from legislation passed by Parliament. That's the real point.” …
The Supreme Court announced Monday it will weigh in on the constitutionality of wealth taxes by deciding whether Congress may require taxpayers to pay their share of earnings from a foreign company, even if they received no dividends or income. These are referred to as “unrealized gains.” But last year, the 9th Circuit Court upheld part of the 2017 tax …
![States' Power To Tax Mineral Rights Eclipsed By Union Law On Mineral Development : Harish Salve In Supreme Court [Day 4]](https://www.livelaw.in/h-upload/2024/03/06/526373-whatsapp-image-2024-02-27-at-95608-am.jpg)
