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of <h1>India Revises Royalty Rates: 14% for Coal, 6% for Lignite Effective May 10, 2012.</h1> The Government of India has revised the royalty rates on coal and lignite following recommendations from a Study Group formed by the Ministry of Coal. The major coal-producing states had initially requested a 20% increase on an ad-valorem basis. After consultations with stakeholders, including state governments, the royalty rate was set at 14% for coal and 6% for lignite, effective from May 10, 2012. This decision was conveyed by the Minister of State in the Ministry of Coal in a written reply to the Lok Sabha.
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