India, Aug. 18 -- The Government of India has issued a release:
BEFORE
AFTER
Mining was taxed differently in every State.
A single, Centre-directed tax framework will apply under New Section 9D.
New levies could be introduced even after mining operations started.
States cannot impose new levies except under conditions set by the Central Government.
Retrospective tax demands could be raised at any time.
All pending retrospective dues are now declared invalid.
The maximum burden fell on small and medium miners.
Every miner now benefits from a fair and equal framework.
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