Governor Sends Mineral Rights Bill to President

It was passed in both Houses during the winter session in Belagavi

- EXPRESS NEWS SERVICE @ Bengaluru

THE state government, which was expecting to generate around Rs 4,700 crore by passing the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill, 2024, might be disappointed. Governor Thaawarchand Gehlot, who had earlier sent the bill back to the government seeking clarifications, has now given his nod and sent it to the President of India.

The Bill had made provision to collect tax on exercise of mineral rights and on mineral-bearing land by the State government. The Governor, in his letter, noted that the provision in this bill will have an impact on earlier parliamentary laws/central acts such as Environmental Protection Act, Forest Conservation Act and Mines and Minerals Act.