The Central Government vide notification dated 2nd November, 2021 has issued the Mineral (Auction) Third Amendment Rules, 2021. The amendment provides that the State Government shall charge simple interest at the rate of Twelve percent per annum (instead of previous rate of twenty four percent) on any payment due to State Government under these rules the payment of which is delayed beyond the due date thereof.
2024 Regulations: Shaping the Future of Gas Distribution Networks
In exercising authority granted by the Petroleum and Natural Gas Regulatory Board Act of 2006, significant revisions have been made to the regulations governing the