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Friday, 31 July 2015

 

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Pakistan's Special Olympians lived up to expectations
LAHORE, July 30 (APP)- Pakistan's Special Olympians lived up to the tradition of winning significant number of medals for the country in every world Games and won as many as Seven Gold, & three Bronze in various sports on Thursday at Los Angles.
 
17 int'l teams confirm entry in Snooker Championship
ISLAMABAD, July 30 (APP): Pakistan Billiards and Snooker Association (PBSA) Thursday confirmed entries of 17 international teams in the Jubilee Insurance World Six Red and Team Event Snooker Championship to be staged in Karachi from August 7 to 15.
 
Indian team issued NoC for 6-Red World Snooker
KARACHI, July 30 (APP): Interior Ministry Thursday granted the Clearance to Indian team for participation in IBSF World 6-Red and Team Snooker Championship starting here from August 6, Pakistan Billiards and Snooker Association (PBSA) announced here.
 
Pak team to play Thailand in opener of Asian volleyball competition
LAHORE, July 29 (APP)- Pakistan volleyball which arrived in Tehran today, Wednesday will play Thailand in its opening match on the Asian volleyball championship on July 31 at Azadi hall.
 
Pakistani footballers likely to qualify for top round of Chicago's Kids Cup tournament
CHICAGO, July 24 (APP): Pakistan's Street Children  Football team scored its second victory in the KICS Cup being played  in the US state of Chicago, is likely to qualify for the final of the tournament. 
 
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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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