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Goa News |Economy

Saturday 29 August 2026

News Analysed, Opinions Expressed

Economy

No renewal of mining lease if legal norms not followed: CM

Chief minister Manohar Parrikar today reiterated that lease licenses of 80 operating mines would be either renewed or rejected, depending upon meeting all the legal requirements. READ

'Agarsall' to be excluded from luxury tax

Goa government intends to to exempt the temple halls, widely knows as 'agarsall' (halls) attached to religious institutions from the ambit of luxury tax. READ

Bill introduced for stamp duty on mining renewal

Goa government today introduced a bill in the Legislative Assembly that would compel the mine owners to pay stamp duty at the time of renewal of mining leases. READ

329 foreigners die in 6 years in Goa

Despite it being the favourite destination for tourists, Goa has recorded deaths of 329 foreigners in the last six years, many of whom come here to enjoy their holidays. READ

Terekhol to have a golf course

Goa state tourism minister Dilip Parulekar told the state legislative assembly that the government has approved the proposal to set up a golf course at Terekhol village of Pernem taluka. READ

Dempo's Goa Carbon in loss

Goa Carbon Limited, subsidiary of Dempo Group, has posted a loss for the first quarter of the current financial year. READ

15% mining royalty mooted, to accrue Rs 2500 Cr

Goa cabinet has approved an amendment to the Stamp Duty Act under which mine owners will have to pay 15 per cent of their royalty for next 20 years for getting renewal of the lease. ... READ

Unrealistic estimates show Dept savings: CAG

Various departments of the Goa government submitted unrealistic budget estimates for the last fiscal that resulted in huge savings, the Comptroller Auditor General of India (CAG) said in its report. READ

Monsoon tourism in hinterland from next season

Goa is now once again planning monsoon tourism, now in the hinterland, of Canacona, Quepem and Sanguem talukas, from the next season. READ

CAG raps Goa for high interest & low returns

Criticising the fiscal management practices of the Goa government, the Comptroller and Auditor General of India (CAG) report for 2010-11 has said that its investment in state-run corporations has brought meagre returns even as it ... READ