| THE INDIAN COINAGE ACT, 1906 | |
|---|---|
 | |
| Parliament of India | |
| |
| Territorial extent | India |
| Enacted by | 2 March 1906 |
| Status: In force | |
The 1906 Coinage Act, is a law that authorises the India Government Mints to strike all legal coinage in India.[1] Newly minted coins are placed into circulation by the Reserve Bank of India.[1] At the time the Act was enacted during the British Raj, the Act mandated standards for the fineness of silver coins,[2] but subsequent amendments lowered the silver content required for the coins.[3]
