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Parliament Passes Bill Limiting States' Authority to Tax Minerals

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The Indian Parliament has passed a bill that curtails the power of state governments to levy taxes on minerals. The Lok Sabha approved the legislation on Wednesday, followed by the Rajya Sabha passing it the next day. With both houses clearing the bill, the parliamentary approval process is now complete. The legislation marks a significant shift in how mineral taxation authority is distributed between the central and state governments.

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Parliament Passes Bill Limiting States' Authority to Tax Minerals · ShortSingh