Designated minerals list clarifies mineral categories and grouped associated minerals for tax schedule classification. Schedule XII to the Income Tax Bill enumerates named mineral commodities in Part A-including aluminium ores, coal and lignite, copper, gold, iron ore, ... Summary
Designated minerals list clarifies mineral categories and grouped associated minerals for tax schedule classification.
Schedule XII to the Income Tax Bill enumerates named mineral commodities in Part A-including aluminium ores, coal and lignite, copper, gold, iron ore, uranium-bearing substances, precious stones, silver, zinc and zircon-and in Part B organises minerals into groups of associated minerals, aligning related minerals into composite classifications for the Schedule's application under the referenced statutory provision.
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