India, Aug. 20 -- Steel Authority of India Limited (SAIL) welcomes the Mines and Minerals (Development and Regulation) Amendment Act, 2026, notified by the Central Government on 17 August 2026, as a significant reform towards establishing a predictable fiscal regime and long-term policy certainty in the mineral sector.
The Amendment provides greater clarity and uniformity in mineral taxation and levies. It also addresses pending retrospective levies, thereby providing greater certainty and confidence to the mining industry.
For SAIL, with its substantial captive iron ore and coal mining operations, the reform is expected to improve the viability of mining operations, facilitate investment and mine development, and strengthen long-term raw...