New MMDR Amendment Bill paves way for stronger push to mining-led growth
New Delhi, Aug 18 (IANS) The Mines and Minerals (Development and Regulation) Amendment Bill, 2026, which has been approved by both the Houses of Parliament, seeks to establish a uniform and balanced fiscal framework for the mining sector. As per the Bill, state governments cannot levy fresh taxes on mineral rights and mineral-bearing lands, except within conditions prescribed by the Central Government, according to an explainer issued by the government on Tuesday.