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International Journal of Scientific and Engineering Research
ISSN Online 2229-5518
ISSN Print: 2229-5518 2    
Website: http://www.ijser.org
scirp IJSER >> Volume 3,Issue 2,February 2012
Royalty on Iron ore - An overview with a special reference to India
Full Text(PDF, )  PP.642-645  
Author(s)
Dr. P.K.Jain
KEYWORDS
royalty, ad valorem, iron ore, revenue accrual
ABSTRACT
Levy of royalty on minerals is a universal concept. Royalty in law means a payment made to the owner of certain types of rights by those who are permitted by the owner to exercise such rights. The royalty on minerals is always a focal point for concern for government as well for industry. Any change in the royalty rate effects the fiscal performance of the mining industry. This paper provides an overview of royalty on iron ore with a special reference to India.
References
i) United State Geological Survey, Mineral Commodities Summaries, 2010.

ii) Indian Bureau of Mines, Iron ore – A market Survey, 2007.

iii) Indian Bureau of Mines, Mineral royalties 2006.

iv) Jain, P.K. 2008 Mineral Royalty in India and its comparison with selected countries. Minerals & Energy v. 23, No.3 P.119-126

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