Karnataka Governor sends mineral tax bill to President.

• The bill proposes taxes on mineral-bearing land and mineral rights.
• The proposed tax ranges from ₹20 to ₹100 per tonne for different minerals.
• The proposed law is expected to generate revenue of ₹4,207.95 crore, with land-bearing minerals taxing another ₹505.9 crore annually.
• The bill’s provisions could impact parliamentary legislation/Central Acts such as the Environmental Protection Act, 1986, the Forest Conservation Act, 1980, and the Mines and Minerals (Development and Regulation) Act, 1957.
• The bill also received objections from the Federation of Indian Mineral Industries, Southern Region.
• The Governor cited Supreme Court rulings in the Samaj Parivartana Samudaya and Others vs. State of Karnataka case, arguing the bill’s recovery of taxes on sales from 2005 is repugnant to the law or Supreme Court rulings