|
or further details please visit: http://mpnr.gov.pk/
Policy
- Corporate merger of small-scale mine operators will be encouraged.
- A Geodata Center of Pakistan (GDCP) will be established as an
autonomous body of the Ministry of Petroleum and Natural Resources
to collect, store, update and manage geodata of the whole country.
- The Federal and Provincial Governments will provide grants to
the respective corporations for the promotional tasks on priority
minerals or priority areas.
- The Mining Concession Rules will provide for four types of mineral
titles, namely; Reconnaissance License, Exploration License, Mineral
Deposit Retention License and Mining Lease.
Incentives
- Mining and Value Added Mineral Processing are placed in Category
'A' industries.
- 5% customs duty on import of plant, machinery and equipment
(which is not manufactured locally).
- Except for royalty, there will be no other Provincial or local
levies or taxes imposed on minerals or mining operations.
No sales tax will be levied on minerals that are exported.
|