Pune, India, 8th September 2017: WiseGuyReports announced addition of new report, titled “India’s Mining Fiscal Regime 2017”.
Summary
“India’s Mining Fiscal Regime 2017“, presents the essential information relating to the terms which govern investment into India’s mining industry. The report sets out in detail the contractual framework under which firms must operate in the industry and clearly outlines the governing bodies, governing laws, rights and obligations and tax-related information on different commodities including coal, iron ore, copper, zinc, lead, bauxite, gold, silver, nickel, chromium and manganese.
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Scope
– Detail on legal framework and governing bodies administering the industry
– Overview of governing laws, regulations, rights and obligations and key fiscal terms governing mining industry in India
– Detail on royalty and applicable tax rates including
– Information on application of fiscal and regulatory terms to specific licenses
Reasons to buy
– Gain an overview of India’s mining fiscal regime
– Understand the complex regulations and contractual requirements applicable to India’s mining industry.
– Understand the regulatory and taxation framework in the country’s mining industry
Table of Content: Key Points
1 Table of Contents 1
1.1. List of Tables 3
2. India’s Mining Fiscal Regime 4
2.1. Key Highlights 4
3. India’s Mining Fiscal Regime: Governing Bodies 5
3.1. Ministry of Mines 5
3.1.1. Attached offices – Geological Survey of India (GSI) 5
3.1.2. Subordinate offices – Indian Bureau of Mines (IBM) 6
3.1.3. Public sector undertakings 6
3.1.4. Autonomous body 6
3.2. Ministry of Coal 7
3.2.1. Subordinate offices 7
3.2.2. Autonomous body 8
3.2.3. Commissioner of payments 8
3.3. Ministry of Steel 9
3.3.1. Public sector undertakings 9
3.4. Ministry of Environment, Forests and Climate Change (MoEFCC) 9
3.4.1. Subordinate offices 10
3.4.2. Public sector undertakings 10
3.4.3. Autonomous body 10
3.5. Department of Atomic Energy (DAE) 11
3.5.1. Public sector undertakings 11
3.5.2. Atomic Minerals Directorate for Exploration and Research 11
4. India’s Mining Fiscal Regime: Rules and Regulations 12
4.1. Mines and Minerals (Development and Regulation) Act (MMDR), 1957 12
4.2. Mineral Conservation and Development Rule, 2017 12
4.3. Other Mining Laws 13
4.4. The Coal Mines (Special Provisions) Act, 2015 14
4.5. Coal Blocks Allocation Rules, 2017 14
5. India’s Mining Fiscal Regime: Mining Concessions, Rights and Obligations 15
5.1. Reconnaissance Permit (RP) 15
5.2. Prospecting License (PL) 15
5.3. Mining Lease (ML) 15
5.4. Rights 15
5.5. Obligations 15
6. India’s Mining Fiscal Regime: Royalty Rates 17
6.1. Royalty Rate 17
6.1.1. Coal – West Bengal 18
6.1.2. Coal (excluding the state of West Bengal) 18
6.1.3. Gold and silver 19
6.2. Mining Concession Fees 19
6.3. Dead Rent Rates 19
7. Appendix 21
7.1. Abbreviations 21
7.2. Methodology 21
7.3. Coverage 21
7.4. Secondary Research 21
…Continued
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