NCEMI
Home Sandesh Guest Book Feedback FAQ's Site Map Contact Us  
 Choose language:-  English  || Hindi Help 
 You are here: Home -> Royalty Back  




Royalty

Legal Provisions

  Under the provisions of Section 9(3) of the MMDR Act, 1957, the Central Government may, by notification in the Official Gazette, amend the Second Schedule, so as to enhance or reduce the rate at which royalty shall be payable in respect of any minerals with effect from such date as may be specified in the Notification, provided that the Central Government shall not enhance the rate of royalty in respect of any minerals more than once during any period of three years. Similarly under Section 9A(2) of the Act, the Central Government may, by notification in the official Gazette, amend the Third Schedule so as to enhance or reduce the rate at which the dead rent shall be payable in respect of any area covered by mining lease and such enhancement or reduction shall take effect from such date as may be specified in the notification, provided that the Central Government shall not enhance the rate of the dead rent in respect of any such area more than once during any period of three years.

 

More...

Overview
Rates of Royalty and Dead Rents
Report of Committes
Study group on Royalty


Ministry of Mines
3rd Floor, A wing, Shastri Bhawan, New Delhi 110001, India
Email: dom@nic.in
Copyright © 2010 Ministry of Mines, Government of India. All rights reserved. | Website Designed by : The Designo | Site hosted by NIC.