Today is,

Thursday, 24 April 2014

 

Home | About Us | News | User Login | Jobs | Contact Us | Tender Notices
Untitled Document
Main Menu
Home
News
Blog
Links
Search
Contacts
Seniority List
News Section
National
World
Sport
Business
Forex
Weather
Articles & Features
Sport News
Sharjeel stuns World Champion Asif in KC Challenge Snooker
KARACHI, Apr 23 (APP): Sharjeel Mehmood stunned former World Champion Muhammad Asif 4-1 to chalk out his third victory on the third day of 18th Karachi Club Open Challenge Snooker Tournament at KC’s Amir Bakhsh Billiards Hall on Wednesday.
 
A unique feat at KBA Bridge
KARACHI, Apr 23 (APP): A Dead Heat of three bridge players-Shakeel Chandna, Pak Day International Pairs Bridge winner, Shahab Khan and enthusiast Muhammad Rafique, all of them finished on top with a handsome score of 59.38 percent, Karachi Bridge Association (KBA) announced on Wednesday.
 
Three matches decided in Nishan-e-Haider hockey Tournament
LAHORE, Apr 23 (APP): Pakistan Railways, Wapda and National Bank of Pakistan marched ahead in the Ninth Nishan-e-Haider Hockey Tournament after winning their respective matches on Wednesday at the Mutiullah hockey stadium Bahawalpur.
 
Sherwani, Jan optimistic about hockey revival
KARACHI, Apr 23 (APP): Former Olympian Salim Sherwani and international Jan Muhammad are optimistic about the revival of Pakistan hockey despite a bleak scenario.
 
Zaheer Abbas named principal advisor to Chairman PCB
LAHORE, Apr 21 (APP): Pakistan Cricket Board has appointed, former test cricketer, Zaheer Abbas as the Principle Advisor to PCB Chairman and Moin Khan as Chief Selector and Manager of National Cricket Team.
 
Archive
Latest News
Education plays important role in nation building: - CM takes notice of raid at potatoes cold storage - President telephones Mrs Hamid Mir - 3G, 4G auction fetches Rs.111 bln to national exchequer - Pakistan, Mauritius to enhance cooperation in education sector - KP differs with NAB over release of corrupt through plea bargain: CM
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.
 

     

Earthquake News
Balochistan Earthquake 2013 News
Elections 2013
Elections 2013 News
Chinese Premier Visit to Pakistan
Chinese Prime Minister Visit to Pakistan Chinese Prime Minister Visit to Pakistan
Code of Conduct
Code of Conduct
Manifestos of Parties
Manifestos of Political Parties
Independence Day News
Independence Day News
Economic Survey
Economic Survey 2011-2012
Economic Survey 2010-2011
Economic Survey 2009-2010
Presidential address to the joint sitting of parliament
Presidential address to the joint sitting of parliament
Parlimentary Proceedings
National Assembly
Senate