StockWatch
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Cement & Cement Products
Regulatory24 Aug 2026, 10:40 pm

Dalmia Bharat Halts Mineral Taxes Post MMDR Act Amendment

AI Summary

Dalmia Bharat Ltd announced that the Central Government has amended the Mines and Minerals (Development and Regulation) Act, 1957, effective August 22, 2026. This amendment restricts State Governments from imposing taxes, cess, and other levies on mineral rights or mineral-bearing lands. Any such levies not paid or collected before the amendment are deemed invalid, though amounts already paid are not refundable. Consequently, Dalmia Bharat and its subsidiaries will no longer be required to pay Mineral Bearing Land Tax and Mineral Cess on limestone in Tamil Nadu, Assam, and Meghalaya, having paid ₹127 Cr in FY26 and ₹38 Cr in FY27 towards these levies.

Key Highlights

  • MMDR Act amended, restricting state-imposed mineral taxes from August 22, 2026.
  • Dalmia Bharat ceases payment of Mineral Bearing Land Tax and Mineral Cess.
  • Company paid ₹127 Cr in FY26 and ₹38 Cr in FY27 for these levies.
  • Past payments are not refundable, but future payments are halted.