AGL 8.68 Increased By ▲ 0.38 (4.58%)
ANL 10.79 Increased By ▲ 0.20 (1.89%)
AVN 80.05 Increased By ▲ 1.45 (1.84%)
BOP 5.59 Increased By ▲ 0.14 (2.57%)
CNERGY 5.58 Decreased By ▼ -0.01 (-0.18%)
EFERT 80.55 Increased By ▲ 0.30 (0.37%)
EPCL 70.90 Increased By ▲ 1.30 (1.87%)
FCCL 15.00 Decreased By ▼ -0.30 (-1.96%)
FFL 6.60 Increased By ▲ 0.07 (1.07%)
FLYNG 7.29 Increased By ▲ 0.11 (1.53%)
GGGL 10.97 Increased By ▲ 0.12 (1.11%)
GGL 17.05 Increased By ▲ 0.26 (1.55%)
GTECH 8.25 Increased By ▲ 0.11 (1.35%)
HUMNL 7.15 Increased By ▲ 0.11 (1.56%)
KEL 2.97 Decreased By ▼ -0.02 (-0.67%)
LOTCHEM 33.07 Increased By ▲ 2.30 (7.47%)
MLCF 28.48 Decreased By ▼ -0.50 (-1.73%)
OGDC 85.85 Increased By ▲ 3.10 (3.75%)
PAEL 16.85 Decreased By ▼ -0.12 (-0.71%)
PIBTL 6.04 Decreased By ▼ -0.04 (-0.66%)
PRL 18.37 Increased By ▲ 0.27 (1.49%)
SILK 1.16 Increased By ▲ 0.01 (0.87%)
TELE 11.53 Increased By ▲ 0.28 (2.49%)
TPL 9.30 Increased By ▲ 0.10 (1.09%)
TPLP 20.27 Increased By ▲ 0.39 (1.96%)
TREET 26.65 Increased By ▲ 0.19 (0.72%)
TRG 98.15 Increased By ▲ 3.55 (3.75%)
UNITY 19.70 Increased By ▲ 0.20 (1.03%)
WAVES 14.00 Decreased By ▼ -0.34 (-2.37%)
WTL 1.32 Increased By ▲ 0.02 (1.54%)
BR100 4,250 Increased By 62.8 (1.5%)
BR30 15,750 Increased By 276.3 (1.79%)
KSE100 42,612 Increased By 516.1 (1.23%)
KSE30 16,138 Increased By 255.3 (1.61%)

NUR-SULTAN: Kazakhstan, a major metals producer, plans to increase the minerals extraction tax rate by 50% for exchange-traded metals and by 30% for other commodities such as iron ore and chrome, Economy Minister Alibek Kuantyrov said on Wednesday.

The Central Asian nation is a major exporter of copper and zinc, and also produces iron ore, alumina, chrome, gold, silver and other metals in significant quantities.

Kuantyrov presented the tax increases, which also includes provisions for higher taxes on cryptocurrency mining and tobacco products, in parliament whose lower house approved it in the first reading on the same day.

The tax increases are part of President Kassym-Jomart Tokayev’s push to boost budget revenue and redistribute wealth among the former Soviet republic’s population of 19 million.

Comments

Comments are closed.