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Thursday, 27 November 2014

 

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Pakistan is progressing, peace loving country, says Denmark Ambassador
PESHAWAR, Nov 27 (APP): Denmark Ambassador to Pakistan Mr. Jesper Mollar Sorensen has said that Pakistan is a progressing country and its peoples are more enthusiasts, committed and hard workers.
 
Cricket fraternity offers its deepest condolences on Phillip's death
ISLAMABAD, Nov 27 (APP): The Cricket fraternity on Thursday offered its deepest condolences to the family and friends of the Australian batsman Phillip Hughes who passed away following an injury he suffered during a first-class match at the Sydney Cricket Ground.
 
Rashid, Rizwan get selectors' nod for Champions Trophy
KARACHI, Nov 27 (APP): Half back Rashid Mehmood and forward Muhammad Rizwan Senior got selectors nod and were named in an 18- member Pakistan squad for next month's 35th edition of Hockey Champions Trophy staged in Indian city of Bhubaneshawar from December 6 to 14.
 
Dazzling Sajjad sails into 16-round of IBSF World Snooker
KARACHI, Nov 27 (APP): Pakistan's Muhammad Sajjad maintained his dazzling run in the IBSF World Snooker Championship by sailing in the last 16-round in Bangalore (India), said a statement received here on Thursday.
 
Moin expresses shock over Phillip Hughes’ death
ISLAMABAD, Nov 27 (APP): Pakistan chief selector Moin Khan on Thursday expressed deep sorrow and grief over the tragic death of Australian cricketer Phillip Hughes.
 
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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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