Cement prices likely to increase due to new mineral tax by states: Report
Cement prices in various states may rise as Tamil Nadu introduces a Rs160 per tonne tax on limestone mining, following a ...
Asian News International on MSN1d
Cement prices are likely to increase because of new mineral tax by states: Report
Chennai (Tamil Nadu) [India], March 15 (ANI): Cement prices across various states are likely to increase as state governments ...
ABP News on MSN1d
Cement Prices Set To Rise As States Impose New Mineral Tax: Report
To counterbalance the cost increase, cement prices in Tamil Nadu are expected to rise by Rs 8-10 per bag, according to the ...
Devdiscourse1d
State-Imposed Mineral Taxes Threaten Cement Industry Stability
Cement prices in India are poised to rise following a Supreme Court decision allowing states to levy taxes on mineral rights.
Cement stocks: Cement prices likely to go up due to new mineral tax; check details
Earlier this week, the Tamil Nadu Government announced a mineral-bearing land tax of Rs 160 per tonne on limestone in the ...
Higher mineral tax likely to pose a challenge to cement sector recovery
A Supreme Court (SC) judgment in July 2024 is now impacting the cement industry. The SC ruled that state governments have the ...
Tamil Nadu’s limestone tax: A crushing blow to cement margins?
Tamil Nadu’s ₹160 per tonne limestone tax comes as demand weakens and prices fall, squeezing margins for players like Ramco ...
Tamil Nadu mineral-bearing land tax may have an adverse impact, say cement industries
Cement producers in Tamil Nadu anticipate negative impact from proposed mineral-bearing land tax, affecting industry and consumers.
NDTV Profit3d
Making Cement Could Get Costlier For Ramco Cements And Dalmia Bharat
The Tamil Nadu government's imposition of additional tax on minerals could drive production costs higher for the cement firms ...
A Past U.S. Security Pact Is a Cautionary Tale for Ukraine’s Mineral Deal
America’s decades-old commitment to protect Persian Gulf oil offers some perspective as Ukraine and the U.S. close in on a ...
Ramco Cements, Dalmia shares slide as Tamil Nadu imposes ₹160 per tonne limestone tax
Cement stocks such as Dalmia Bharat, Ramco Cements, ACC Ltd and UltraTech Cement are in focus today after the Tamil Nadu Government notified the levy of a mineral-bearing land tax of ₹160 per tonne on ...