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Tuesday, 25 November 2014

 

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Sultan Shah re-elected as President of World Blind Cricket Council
ISLAMABAD, Nov 24 (APP): Chairman of Pakistan Blind Cricket Council Syed Sultan Shah again earned the most prestigious post of the World Blind Cricket Council (WBCC) when on Monday he
was re-elected unopposed as President of the council for the second consecutive term.
 
PTA organizes first telecom football league tournament
ISLAMABAD, Nov 24 (APP): Pakistan Telecom Authority (PTA) on Monday organized the first Telecom Football League Tournament which was won by Telenor defeating Mobilink in a tough match with 4-0.
 
Saeed Ajmal target return in ICC World Cup
KARACHI, Nov 24 (APP): Pakistan off-spinner Saeed Ajmal is pleased with the progress he has made with the remedial work on his bowling action, and has said he is targeting the 2015 World Cup for his international comeback.
 
Sajjad storms in World Snooker knockout rounds with 5th straight win
KARACHI, Nov. 24 (APP): Dazzling Muhammad Sajjad maintained his unbeaten run by assuring a place in the knock-out round with his fifth win in row in IBSF World Snooker Championship when beat ex-compatriot Farhan Mirza of Sweden in Bangalore (India) on Sunday night,according to message received here on Sunday.
 
Toss to play a vital role in 3rd Test: Sarfraz Nawaz
ISLAMABAD, Nov 24 (APP): Former Test Cricketer Sarfraz Nawaz believes the toss will play a vital role in the result making of the third and final Test against the Kiwis saying skipper Misbah-ul-Haq should implement a straightforward winning and aggressive mentality while entering the field.
 
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President promulgates Petroleum Products (Petroleum Development Levy) Ordinance PDF Print E-mail
Islamabad,Oct 31 (APP): The President promulgated  the petroleum products (Petroleum Development Levy) Ordinance here on saturday which shall come into force at once.

The ordinance further states as the National Assembly is not in session and the President is satisfied that circumstances exist which render it
necessary to take immediate action;therefore, in exercise of the powers conferred by clause (1) of Article 89 of the Constitution of the Islamic Republic of Pakistan, the President is pleased to make and promulgate the
following Ordinance:
1.    Short title and commencement:  (1) This Ordinance may be called the Petroleum Products (Petroleum Development Levy )
(Amendment) Ordinance, 2009.
(2)  It shall come into force at once
2.    Amendment of Ordinance XXV of 1961: In the Petroleum
Products (Petroleum Development Levy) Ordinance, 1961 (XXV of 1961),
hereinafter referred to as the said ordinance,

i)    in the long title and the preamble, for the word “surcharge”
the words “ petroleum Levy” shall be substituted,and
ii)   for the word “surcharge” wherever occurring, the words
“petroleum levy” shall be substituted.
3.    Amendment of Section 1, Ordinance XXV of 1961:  in the said Ordinance, in section 1 in sub section (1), for the brackets and word “(surcharge)” thee brackets and words “(Petroleum Levy)” shall be substituted.
4.   Amendment of Section 2, Ordinance XXV of 1961:  In the
said Ordinance, in section 2;,
i)   In sub section (1), for the words “carbon surcharge” the
words “Petroleum Levy” shall be substituted; and
ii)  After clause (4B), the following new clauses shall be
inserted, namely:
“(4Ba) petroleum levy” means the levy payable under section
3;”
5.    Amendment of section 3, Ordinance XXV of 1961:  In the said
Ordinance, in Section 3,
i)   In sub section (I), for the world “carbon surcharge” the
words “petroleum Levy” shall be substituted; and
ii)  After sub section (I), amended as aforesaid, the
following new sub section shall be inserted, namely:
“(1A) Every licensee shall pay development levy at such rate
and in such manner as the Federal Government  may, by
rules,prescribe,”
6.    Amendment of Section 7, Ordinance XXV of 1961:  In the said Ordinance, in section 7, the words and comma” Except for the Fifth schedule, the “shall be omitted.
7.    Amendment of Fifth Schedule, Ordinance XXV of 1961:  In the
said Ordinance, in the Fifth Schedule, for the words “Carbon
Surcharge” occurring twice, the words “petroleum Levy” shall be
substituted.
8.    Repeal.  The Petroleum Products (Petroleum Development Levy)
(Amendment) Ordinance, 2009 (XV of 2009) is hereby repealed.
 

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