Australia's 'super tax' spoils Indian miners' party- Australia's plan to impose a 40 per cent 'super tax' on the profits of mining companies has sent Indian miners scouting for acquisitions into a tizzy. The tax , proposed to be effective by July 2012, aims to raise an estimated Australian $9 billion for the government every year.
Indian Company’s earning like Sesa Goa, Sterlite, NMDC, Hindalco and Tata Steel is expected to affect by this action.
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