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    The Mining & Oilfield Machinery Momentum Index ticked down from 99.3 (revised) in July to 98.5 in August. New Orders of Mining, Oil, & Gas Field Machinery declined 9.9% in June, but Cooling Degree Days rose 42% in July. Overall, the Index signals an improvement in mining & oilfield machinery investment over the next three to six months.

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  • Difference Between License and Lease Difference Between

    By definition, a lease temporarily grants the right to a certain property for a particular term while a license is giving someone the right to perform or do something to a property that is originally not allowed or prohibited in the absence of such license.


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    • Minerals and Mining Act Natural Resource

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    • 03-Manufacturing and Mining Government of Pakistan

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    • National mineral policy SlideShare

      The mining companies would be exempt from customs duties and sales tax on import or machinery, equipment, material, and heavy duty non-luxury vehicles provided these were not sold locally without payment of normal taxes.

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    • Filing of Income Tax Federal Board of Revenue

      Pakistan at any time in that year; A company is resident for a tax year if it is incorporated or formed by or under any law in force in Pakistan; the control and management of its affairs is situated wholly in Pakistan at any time in the year; or it is a Provincial Government or a local Government in Pakistan.

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