The revolutionary steps for the betterment of mining sector have enabled government to collect a record revenue of more than Rs 10.19 billion for the fiscal year 2020-21. Chief Minister Usman Buzdar said that better utilization of mining resources will be ensured in Punjab. The Chief Minister said restrictions/limitations on the cement industry have been lifted/removed for the development of the construction sector and 22 NOCs are being issued for new cement factories. Usman Buzdar said that NOCs for the installation of 10 cement plants have so far been issued…
Read MoreMonth: September 2021
Punjab issues 22 NOCs for setting up cement factories
The Punjab government has regulated the cement sector and issued 22 no-objection certificates (NOCs) for the setting up of new cement factories while ensuring that no more unit is established in the areas declared “negative”. A study earlier conducted declared areas around Kallar Kahar as “negative” for the setting up of cement factories as the underground water had fast depleted. Mines and Minerals Department Secretary Amir Ijaz Akbar told Dawn the salt range had been found as an ideal location for the setting up of cement factories as almost all…
Read MorePetroleum Students And Workers: How To Find And Keep A Job – Interview With Recent Graduate.
Connor Albrecht is in the Oil & Gas Engineering Division at Texas Railroad Commission in Austin. Previously heworked on the engineering teams with Halliburton HAL -1.6% in the Eagle Ford, Parsley Energy in the Permian, and at Ameredev in the Delaware basin of New Mexico. He graduated from Texas Tech in 2017 with a degree in Mechanical Engineering. Connor is unafraid to spell out the rewards as well as the difficulties of changing jobs within the oil and gas industry. He spoke about his career path, personal prospects, and where he thinks the industry is…
Read MoreAdditional tax imposed on non-filer entities
The federal government has imposed additional sales tax ranging between 5 and 17 per cent on supply of electricity and gas to the non-filer industrial and commercial entities in an attempt to broaden the tax base. The additional taxation on the industrial and commercial entities that did not exist on tax roll — income tax and sales tax — was one of the budgetary proposals given by the Pakistan Business Council. According to a notification (SRO1222 of 2021), the additional sales tax will be levied on the total billed amount…
Read MorePakistan set to secure 4th or 5th position on world ranking of countries having most mangrove forests’
Pakistan’s position on the world ranking of countries having most mangrove trees in their coastal zones will further improve in the coming months owing to the aggressive plantation campaign by the Sindh government’s Forest Department. “Pakistan at present stands at the seventh position on the world ranking of mangrove forests as in the next two to three months our standing will further improve to the fourth or fifth position,” said Sindh Local Government Minister, Syed Nasir Hussain Shah, who in the recent past also held the portfolio of the…
Read More