Mining Fiscal Regime: H1 in India and Brazil 2014

on Tuesday 27 May 2014
ResearchMoz.us include new market research report " Mining Fiscal Regime H1 2014: Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

Mining Fiscal Regime: H1 in India

The mining industry in India is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in India. The Union Cabinet approved the proposal to introduce the MMDR Bill 2011, which would eventually replace the 1957 Act once passed by parliament. View Full Report with TOC at: http://www.researchmoz.us/indias-mining-fiscal-regime-h1-2014-report.html

Key highlights:-

  • The mining industry in India is governed by Ministry of Mines, Indian Bureau of Mines (IBM) and Geological Survey of India (GSI). 
  • The Mines and Minerals (Development and Regulation) Act 1957, (MMDR) as amended up to May 10, 2012 and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the mining sector in India. The Union Cabinet approved the proposal to introduce the MMDR Bill 2011, which would eventually replace the 1957 Act once passed by parliament. 
  • The Central and the state governments are responsible for managing the mineral resources in India.....


Mining Fiscal Regime: H1 in Brazil

The mining industry in Brazil is governed by the Ministry of Mines and Energy (MME) and the Brazil Geological Survey (CPRM). The Mining Code of 1967 regulates all exploration and extraction activities of minerals in Brazil. The code specifies deposits and mines, and sets rules and regulations for authorization, concession, licensing and permits, and plans the duties of holders of mining rights and regulating authorities, among others. Browse Full Report with TOC at: http://www.researchmoz.us/brazils-mining-fiscal-regime-h1-2014-report.html

Key highlights:-

  • The mining industry in Brazil is governed by the Ministry of Mines and Energy (MME) and the Brazil Geological Survey (CPRM). The Mining Code of 1967 regulates all exploration and extraction activities of minerals in Brazil. 
  • The MME came into existence in 1960. It is an apex body for the formulation and administration of regulations relating to the mining and energy industries’ resources. 
  • The DNPM is a federal agency and report to the MME. The department was incorporated in 1934 and became an independent self-regulatory institution in 1994. It focuses on the planning and promotion of mineral exploration, and supervises geological and mineral technology.

Browse More Reports related to Mining at: http://www.researchmoz.us/mining-market-reports-143.html

The report outlines India's and Brazil's governing bodies, governing laws, mining licenses, rights and obligations and key fiscal terms which includes Royalty, Corporate Income Tax, Land Owner Royalty, Annual Tax, Withholding Tax, Depreciation and VAT.


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