MMDR Bill tweak: NMDC flags ₹15,786 crore Karnataka tax exposure

August 17, 2026 / Kim Browne /



NMDC, India’s largest iron ore miner, has disclosed a potential liability of ₹15,785.72 crore from Karnataka’s proposed retrospective tax on mineral rights and mineral-bearing land, highlighting the extent of the company’s liabilities that could be affected by the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, passed by Parliament last week. 



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Kim Browne

As an editor at Cosmopolitan Canada, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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