JSB Market Research: Indias Mining Fiscal Regime: H1 2014

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JSB Market Research: Indias Mining Fiscal Regime: H1 2014
On 11rd June 2014

Synopsis

Timetrics Indian mining fiscal regime report outlines governing bodies, governing laws, mining ownership and licenses, rights and obligations and tax-related information on 12 commodities: coal, iron ore, zinc, lead, copper, bauxite, gold, silver, chromium, manganese, diamond and uranium.

Summary

The mining industry in India is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in India. The Union Cabinet approved the proposal to introduce the MMDR Bill 2011, which would eventually replace the 1957 Act once passed by parliament. Browse Full Report @ http://www.jsbmarketresearch.com/materials/r-Indias-Mining-Fiscal-Regime-H1-2014-112972
Scope

The report outlines Indias governing bodies, governing laws, mine ownership and licenses, mining rights and obligations, key fiscal terms which includes reconnaissance fees, prospecting fees, surface and dead rents, corporate income tax, royalty, education cess, clean energy cess and more.

Reasons To Buy

To get an overview of Indias mining fiscal regime.

Key Highlights

The mining industry in India is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI).
The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in India. The Union Cabinet approved the proposal to introduce the MMDR Bill 2011, which would eventually replace the 1957 Act once passed by parliament.
The Central and the state governments are

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