Maharashtra Withdraws Mineral Levy

The Maharashtra government's decision to withdraw the 2023 circular on minor mineral levy during land development is a significant move. The circular, which was issued earlier this year, had imposed a levy on minor minerals extracted during land development projects. However, the government has now decided to withdraw this circular, citing reasons that are not yet clear. This decision may have implications for land development projects in the state, which may no longer have to pay the levy. The withdrawal of the circular may also impact the revenue generated by the state government from these projects.