Karnataka set to generate over Rs 10.8k crore from mining sector
Bengaluru: The Siddaramaiah-led Karnataka government on Friday approved two key measures that are expected to fetch the exchequer at least Rs 10,818 crore from the mining sector.
The Cabinet approved the Karnataka (Mineral Rights and Mineral Bearing Land) Tax Bill, which will enable the government to levy taxes, with retrospective effect, on mineral rights and owners of mineral-bearing lands. This move is estimated to fetch Rs 4,713 crore, as reported by the Deccan Herald.
Law and Parliamentary Affairs Minister H.K. Patil, while briefing the media, clarified that the tax would be in addition to the royalty already levied on mined minerals.
"At present, only the miner pays the royalty, but the landowner also has to pay the tax now. For one tonne of iron ore mined from land, a tax of Rs 100 will be levied on the owner of the land," Patil was quoted as saying by the publication, noting that the rate will vary depending on the type of mineral.
When asked whether the move was aimed at generating additional income for the state, Patil mentioned that they were collecting money that was due to the government.
The Cabinet's decision follows a recent Supreme Court ruling affirming that states have the legislative right to impose taxes on minerals.
The proposed tax rate will range from Rs 20 to Rs 100 per tonne for different minerals across all mine categories, the report added.
In another decision, the government has decided to give a one-time settlement (OTS) option for mining violators, particularly those who mined beyond their licensed areas. The state is expecting to collect penalties amounting to over Rs 6,105 crore under this.
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BJP's main agenda is to keep minorities in fear, alleges Stalin
Chennai (PTI): DMK President M K Stalin has alleged that the BJP's main agenda is to keep the minorities in fear, and everyone is aware of what is happening in the states governed by the saffron party.
Stalin further alleged that Muslims continued to be subjected to attacks.
"Now, a situation has arisen where even Christmas could not be celebrated peacefully. Christians are being targeted. The entire country is a witness to what is happening in Manipur. The BJP's plan of action is that a state of insecurity for minorities should spread like a wildfire across the country," he told PTI in an interview.
That was why it first enacted the CAA, and the next was an amendment to the Waqf law, and now it is "desperate" to amend the FCRA, he alleged, and lashed out at AIADMK chief Edappadi K Palaniswami.
"Palaniswami, who supports all these three amendments and has formed an alliance with the BJP, does not have any concern for the welfare of minorities. However, the DMK is always firm in its commitment to ensure that India must always be a secular state; that people belonging to all religions must be equally respected and that the Constitutional safeguards conferred on minorities must be upheld. If any of these is threatened, the DMK will be the first party to raise its voice against it," he said.
Denying that the BJP made the minorities feel insecure, BJP state vice president M Chakravarthy said the chief minister was making the allegation due to the "fear that the Christian and Dalit votes would go to Tamilaga Vettri Kazhagam led by actor-politician Vijay."
He was depicting the BJP as a bogeyman in an attempt to create unnecessary apprehension among the minorities, the BJP leader told PTI.
On FCRA, Chakravarthy asked, "What's wrong with ensuring accountability in the use of funds?"
