Tag: FDT on sale of Minerals
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Karnataka Government Levies Forest Development Fee
Forest Development fee to be levied @ 12% on iron ore in Karnataka e-auctions. Government of Karnataka has recently made a further amendment in the Karnataka Forest Act 1963. The Act may be called as the Karnataka Forest (Amendment) Act, 2016 and was first published in the Karnataka Gazette on 27 Jul’16. As per the…