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A company incorporated in India is treated as a tax resident of India and is taxed @ 30%* on its global income. However, if its turnover is up to INR 4,000 mn in FY 2017-18, then the applicable rate of tax is 25%*.
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PwC Corporate income taxes, mining royalties and other mining taxes—2012 update 3 as “ring fencing”. The Ghana government, in the 2012 Budget Statement, proposed an increase to the corporate income tax rate from 25% to 35% and an additional tax of 10% on mining companies. Ghana’s proposed tax increases are likely to take
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7 hours ago · India News: With the 15th Finance Commission raising the weightage of forest cover in determining states’ share in the Union tax revenue from 7.
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India has opened coal mining to the private sector in forest land, while a new environment impact assessment (EIA) notification allows speedier project approvals and less compliance. PTI More industry-friendly reforms in mining sector very shortly: Pralhad Joshi