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. |