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Monday, 31 August 2015

 

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National T20 at Rawalpindi from Tuesday
RAWALPINDI, Aug 30 (APP): Pakistan Cricket Board (PCB) on Sunday launched the Cool & Cool presents Haier Q8 Twenty-20 Cup 2015-16 at the Pindi Cricket Stadium here.
 
Tennis coaching camp concludes
ISLAMABAD, Aug 30 (APP): Asian Tennis Federation had sent a qualified Tennis coach Axe Mansaman of Thailand to impart coaching and modern games techniques to some 22 junior players in the camp at POF Wah tennis courts.
 
Pakistan to participate in Asian Women Netball
ISLAMABAD, Aug 30 (APP): Pakistan will be participating in the Asian Women Netball Championship to be staged in Hong Kong from December 12.
 
Pakistan to chip in Asian Baseball Championship
ISLAMABAD, Aug 30 (APP): Pakistan will be participating in the Asian Baseball Championship to be staged in Taiwan from September 16.
 
Mansehra upset Abbottabad Red in Inter-Club Soccer
PESHAWAR, Aug 29 (APP): Mansehra upset Abbottabad Red and Abbottabad Blues recorded victory against Haripur in the ongoing District Abbottabad Inter-Club Football Tournament being played at Gunj ground under the aegis of District Sports Officer Abbottabad on Saturday.
 
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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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