Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business
tax

tax

PMDC paid Rs1.896b taxes, dividends in three-year

byCT Report
10/05/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Pakistan Mineral Development cxorporation (PMDC) has produced around 4.07 mega tonne salt and 1.59 mega tonne coal from its mines operating in different parts of the country during the last three years.

The corporation has also contributed taxes and dividends of Rs1,896.496 million to national exchequer during the period.  “The corporation produced 1,313,494 tonnes salt in the year 2013-14, 1,330,009 tonnes in 2014-15 and 1,433,152 tonnes in 2015-16 from Khewra, Makrach, Warcha, Kalabagh and Jatta/B.Khel salt mines,” official sources told APP.

You might also like

Punjab unveils Rs300b financing programme for businesses

21/10/2026

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

20/10/2026

While, coal production from Sor-Range, Degari, Sharigh and Lakhra mines stood at 527,453 tonnes in the fiscal year 2013-14, 514,469 tonnes in 2014-15 and 557,950 tonnes in 2015-16, they added.  Replying to a question, the sources said the corporation was in process of installing salt grinding plants at Warcha Salt Mines for production of powdered salt and iodized table salt.  It is also establishing plants for production of Gypsum powder and Plaster of Paris for domestic sale and export.  Answering a question, they said the corporation contributed taxes and dividends of Rs1,896.496 million to national exchequer during the period.  The corporation paid Rs 902.404 million in fiscal year 2015-16, Rs 519.459 million in 2014-15 and Rs 474.633 million on account of different taxes and dividends, they added.  Giving break up, the sources said, Rs 742.971 million were paid under the general sales tax head, out of which payment of Rs 328.993 was made in 2015-16, Rs 220.184 million in 2014-15 and Rs 193.794 million in 2013-14.

While, it deposited Rs 437.55 million royalty, out of which Rs 156.646 million were paid in 2015-16, Rs 153.220 million in 2014-15 and Rs 127.684 million in 2013-14.

On account of income tax, the corporation paid Rs 312.279 million in three years, Rs 127.830 million, Rs92.521 million and Rs 91.928 million in 2015-16, 2014-15 and 2013-14 respectively.  An amount of Rs 29.569 has been deposited under the head of excise duty including Rs 11.007 million in 2015-16, Rs 9.534 million in 2014-15 and Rs 9.027 million in 2013-14.

In addition to taxes, the sources said, dividends amounting to Rs 140.2 million have been paid to national exchequer, out of which Rs 44 million each were paid in 2015-16 and 2014-15, while Rs 52.2 million were paid in 2013-14.

Related Stories

Punjab unveils Rs300b financing programme for businesses

byCT Report
21/10/2026

LAHORE: Punjab Minister for Industries and Commerce Chaudhry Shafay Hussain has announced a Rs300 billion programme this year, under which...

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

Next Post
CREATOR: gd-jpeg v1.0 (using IJG JPEG v62), quality = 70

Dastgir invites Qatari private sector to invest in Pakistan

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.