https://www.taxtmi.com/news?id=15352 Methodology prescribes financial terms for allotting coal mines to PSUs under the Coal Mines (Special Provisions) Act, 2015, requiring a one time upfront payment based on the mine's intrinsic coal value payable in staged instalments in the first year, and continuing monthly royalty payments to coal bearing States on quantity produced during the lease; the approach aims to set a reserve price and to direct production to meet domestic demand, particularly for medium, small and cottage industries. en-us Thu, 17 Dec 2015 09:39:00 +0530 Thu, 17 Dec 2015 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15352 Methodology prescribes financial terms for allotting coal mines to PSUs under the Coal Mines (Special Provisions) Act, 2015, requiring a one time upfront payment based on the mine's intrinsic coal value payable in staged instalments in the first year, and continuing monthly royalty payments to coal bearing States on quantity produced during the lease; the approach aims to set a reserve price and to direct production to meet domestic demand, particularly for medium, small and cottage industries. News - Thu, 17 Dec 2015 09:39:00 +0530 https://www.taxtmi.com/news?id=15352