Forecasting government revenue in the form of mines
According to the budget bill, it was envisaged to allocate 500 billion riyals from the provisions of paragraphs two and four of article six of the Mining Act, which is related to the issuance of exploration and exploitation licenses.
According to the International Stone Exhibition of Iran, according to note two of article six of the Mining Law Amendment Law, applicants for exploration licenses are obliged to determine the amount of tariffs offered by the Ministry of Industry, Mines and Commerce each year at the discretionary limit and submitted to the High Council of Mines. Approved, pay.
Note 4 of the Act also stipulates that the proceeds of the implementation of note two and three shall be deposited into the treasury account of the General Treasury and shall be equivalent to the annual budget of the Ministry of Industry for the development of exploration priority mines.
Note Three has also made it clear that holders of exploration licenses are required to pay to the government annually for each kilometer of exploration area, with the exception of the owner or owners of their property or endowments. The amount is set annually at the suggestion of the Ministry of Industry and with the approval of the High Council of Mines.
Hojatoleslam and Muslim Hassan Rouhani, President of the Islamic Republic of Iran, presented to Parliament this morning (Sunday) the budget bill of 134 billion tomans in 1399.
The budget of the entire country for the year 1399 has been set aside for the resources of about nineteen million eight hundred eighty seven thousand three hundred seventy billion nine hundred and ten million rials and budget expenditures.
* IRNA
