The recently proposed "Karnataka (Mineral Rights and Mineral Bearing Land) Tax Act, 2024" has introduced a new taxation framework that will significantly impact the mining sector in the state. The legislation, which applies both prospectively and retrospectively from 1 April 2005, aims to levy taxes on mineral-bearing lands and production across auctioned and non-auctioned leases. The webinar will provide an in-depth analysis of the bill, with a focus on its potential implications for various stakeholders.
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