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Additional mineral revenue
September 6 , 2023
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- The Tamil Nadu government is set to generate an additional revenue of about ₹400 crore a year.
- It has recently revised the seigniorage fee, area assessment, dead rent and prospecting fee for minor minerals.
- The revised fee is set to come into force on September 5.
- An amendment to this effect was made in the Tamil Nadu Minor Mineral Concession Rules, 1959 recently.
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