https://www.taxtmi.com/news?id=67071 Punjab replaced volume-based selection with competitive price bidding for mining site allocation, imposed upfront payments and advance royalty collection, shifted environmental-clearance responsibility to bidders, introduced dead rent to curb speculative bids, and extended lease tenures from three to five years; Phase 1 auctioned 29 sites yielding 16 successful bids and Rs 11.61 crore, with about 100 more sites slated for staged auctions. en-us Sun, 11 Jan 2026 21:16:03 +0530 Sun, 11 Jan 2026 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67071 Punjab replaced volume-based selection with competitive price bidding for mining site allocation, imposed upfront payments and advance royalty collection, shifted environmental-clearance responsibility to bidders, introduced dead rent to curb speculative bids, and extended lease tenures from three to five years; Phase 1 auctioned 29 sites yielding 16 successful bids and Rs 11.61 crore, with about 100 more sites slated for staged auctions. News - Sun, 11 Jan 2026 21:16:03 +0530 https://www.taxtmi.com/news?id=67071