Mines and Minerals Amendment Bill, 2026

On 13th August 2026, Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, seeking to restrict state governments’ power to levy taxes on mineral rights and mineral-bearing lands and ensure greater uniformity in mineral rates.

Key Points

State Taxation: The amendment seeks to restrict states’ power to impose taxes on mineral rights and mineral-bearing lands.
Major Minerals: The Centre will regulate major minerals such as coal, limestone, iron ore, copper and manganese.
Minor Minerals: States will continue to exercise powers over 49 minor minerals.
Mineral Revenue: The government stated that states’ share of mineral revenue increased from 65% in 2014-15 to 85% currently.
Coal Revenue: States’ share of coal revenue increased from 51% in 2014-15 to 96% currently, according to the government.