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govt looking at proposal to include mining royalty as input cost under gst




the mines ministry is looking at the industry's proposal to classify royalties from mines as input cost under the goods and services tax, a top official said on friday. once royalties are considered as input cost, then entities would be able to claim the benefit of input tax credit under the indirec...



gold ceos join to fight wa royalties




the heads of some of the world's largest gold miners have urged the wa government to meet with them and reconsider a 50 per cent hike in royalties that they warn will leave the state's economy worse off.the executives, speaking at a joint press conference in perth on wednesday, warned any gains from...



greens' move to increase coal royalties rejected




the queensland greens policy released on tuesday to raise queensland's coal royalty rate to 18.5 per cent is similar to the lnp's 2012 policy where it increased the state's coal royalty rate to 15 per cent to raise revenue, research shows.the greens policy proposes to raise queensland's coal royalty...



bitcoin mining graphics cards released by asus, sapphire with nvidia, amd inside




it would appear that one of the biggest names in pc hardware has joined the cryptocurrency universe with their own mining-friendly graphics cards. asus mining rx 470 and mining p106 both use nvidia geforce gtx technology to run as efficiently as possible to mine the most cryptocoin for the smallest ...



raising minimum support price may pose inflation challenge for govt




with the minimum support price (msp) for kharif crops for the 2018-19 season set to be announced next week, the big question among policymakers and experts is its potential impact on inflation. the centre has decided to fix msp at 1.5 times of the cost of production from this year. the cost in this ...



to fix the budget, properly apply the medicare levy to high earners who use nega




ten weeks out from budget night, the treasurer needs more money. it's not what he expected. asked on taking the job 18 months ago whether he would need to raise more money in addition to winding back spending, scott morrison replied: "i'm not in that camp".he is now. two measures he is considering ...



govt mulls shifting control of iron ore, coal to steel min to boost supply




the government is considering a plan to hand over control of iron ore and coking coal mining to the steel ministry to boost supplies of the key steelmaking materials, as the country is poised to become the world’s second-biggest producer, according to a person with knowledge of the plan. the propo...



gold miners lash out at wa government's tax hikes




the nation's biggest gold miners have ramped up their campaign against the wa government over its plans for tax hikes claiming it will cost jobs in an environment of low profit margins.but wa treasurer ben wyatt hit back saying the gold sector was spending millions of dollars on lobbying against the...



govt continues data mining of deregistered companies: mos corporate affairs




the government is continuing the process of data mining of deregistered companies and so far, bank details have been gathered for nearly 50,000 such entities, union minister p p chaudhary said today. amid the clampdown on the black money menace, names of more than 2.24 lakh companies have been struc...



hc tells state to refund fee taken from mining cos




the high court of karnataka on wednesday directed the state government to refund the forest development ‘fee’ collected from mining companies. the direction comes as an embarrassing setback to the government. k n srinivasa, one of the advocates appearing for two mining companies, said the state ...



no decision reached yet on adani royalties agreement




indian mining giant adani has deferred making a final investment decision on its controversial carmichael coal mine after the queensland government delayed a cabinet discussion over royalty payments on monday.factional wrangling over a so-called "royalties holiday" for adani has seen the state labor...



markets live: asx hits fresh ten year high




"we believe it's therefore critical to identify those companies with the asset mix most likely to generate peer-beating returns – assets with strong free cash flow and growth potential – in a cooling commodity price environment.the analysts named their fantasy mining world xi of mining assets in...



mining leases not renewed by govt to be auctioned: goa assembly




press trust of india  |  panaji  july 20, 2017 last updated at 19:18 ist



spotlight returns on a mining scandal that modi govt has done nothing about




gulam shaik budan | thewire.in  |  hyderabad  march 1, 2017 last updated at 11:43 ist



mines-to-market integration: gold mining lands on policy makers' table




the issue of gold mining has made it to the policy makers’ table for the first time. the reason, according to sources, is that department of economic affairs is considering a proposal to promote domestic gold mining as part of the comprehensive gold policy that is being finalised. it could not be ...



mha says will examine karnataka govt proposal




the ministry of home affairs (mha) on tuesday said it will examine in detail the karnataka government's recommendation to grant religious minority tag to the lingayat and veerashaiva-lingayat communities as and when it receives the proposal.the remarks came a day after the siddaramaiah government de...



music streaming royalty rates going up slightly in 2018




the copyright royalty board has set a cost of living adjustment to the rates paid to master recording copyright holders for 2018, with the rate increasing on basis point each to $0.0018 for ad-supported, non-subscription music streaming services; and $0.0023 per performance for paid subscription ser...



govt might allow revised returns for input credit for pre-gst stocks




dilasha seth  |  new delhi  last updated at august 30, 2017 01:39 ist



govt doesn't buy restaurants' input tax credit alibi




with most restaurants increasing prices despite a cut in goods and services tax (gst), the government’s calculation reveals that prices would come down despite discontinuation of input tax credit benefit.  quashing the argument of restaurants in favour of a price hike, calculation by the governme...



deep-sea mining may cause ‘irrevocable’ biodiversity loss




a letter from experts newly published in nature geoscience warns that deep-sea mining missions may cause biodiversity loss that is ‘irrevocable.’ the loss of biodiversity in these regions is ‘unavoidable,’ according to the letter, and is something that must be taken into account when such mi...



presstv-brazil scraps bid to allow mining in amazon




the brazilian government backed off from a controversial proposal to authorize private companies to mine a sprawling amazon reserve monday after blistering domestic and international criticism.president michel temer's office will issue a new decree tuesday that "restores the conditions of the area, ...



govt shelves ramdev's vedic education board proposal




no such proposal under consideration of his ministry: hrd minister prakash javadekaryoga guru ramdev’s proposal for setting up a vedic education board seems to have been shelved by the union government.the human resource development (hrd) ministry was examining ramdev’s proposal for establishmen...



deciphering the different gst classifications




when the gst system was introduced in 2000 it was made more complex than was originally intended. this was because, in order to get the legislation through, the howard government was forced to exclude some goods and services from the 10 per cent tax, rather than having  gst applied to all goods an...



assistant professor in mining engineering




department: 8h350:mining engineering institution: university of kentucky the department of mining engineering is currently seeking a research faculty member to develop and assist department faculty in the development of funded research programs through the submission of proposals to federal and stat...



lafayette may slow development review process in bid for more public input




lafayette may sanction a measure extending the city's development review process by upward of six months — delaying an official approval for prospective builders in a bid for expanded public input, officials said tuesday.the current process for a given sketch and preliminary plan from its initial ...