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August 24,2024

Coal India's Rs 35,000 Crore Tax Risk

Coal India's financial impact could reach Rs 35,000 crore if the Supreme Court's review on mining taxes is unfavorable or if the company cannot recover taxes from customers. The worst-case scenario may result in a Rs 6,500-7,000 crore net impact after partial recovery. The final ruling and provisioning decisions are pending.

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