Asian News International on MSN5d
Cement prices are likely to increase because of new mineral tax by states: Report
Cement prices across various states are likely to increase as state governments may impose new mineral taxes after a Supreme ...
Higher mineral tax likely to pose a challenge to cement sector recovery
A Supreme Court (SC) judgment in July 2024 is now impacting the cement industry. The SC ruled that state governments have the ...
Devdiscourse5d
State-Imposed Mineral Taxes Threaten Cement Industry Stability
Cement prices in India are poised to rise following a Supreme Court decision allowing states to levy taxes on mineral rights.
Vanguard10d
Kebbi discovers five new mineral deposits, expands total to over 30
The Kebbi State Government has announced the discovery of five additional solid mineral deposits, raising the total number of ...
Tamil Nadu’s limestone tax: A crushing blow to cement margins?
Tamil Nadu’s ₹160 per tonne limestone tax comes as demand weakens and prices fall, squeezing margins for players like Ramco and Dalmia. Larger rivals are insulated for now, but the move could set a ...
Global Cement6d
Tamil Nadu government proposes limestone mining tax
India: The Tamil Nadu government will impose a mineral-bearing land tax of US$1.82/t on limestone under the Tamil Nadu ...
Tamil Nadu may levy Rs 160/t on limestone; Dalmia Bharat, Ramco Cements, India Cements impacted
In Tamil Nadu, cement prices have been on a declining trend, especially over the past couple of years as a result of the ...