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Thursday, 07 May 2015

 

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Return of international cricket to Pakistan “a big joy” says Misbah
KARACHI, May 6 (APP): Test captain Misbah-ul-haq, has described the return of international cricket back to Pakistan after six years of isolation as ‘a big joy.
 
Green-shirts seem back on track: Zaheer Abbas
ISLAMABAD, May 6 (APP): Asian Bradman Zaheer Abbas on Wednesday said the passion and aggression that was missing in the green-shirts was seen in the second Test against Bangladesh.
 
Chigumbura to lead Zimbabwe on Pakistan tour
KARACHI, May 6 (APP): Zimbabwe Cricket (ZC) Wednesday has announced a 15-member squad which will tour Pakistan for three one day internationals and two T20 Internationals in Lahore later this month.
 
Looking forward to exciting Pak-Zim series: Alistair Campbell
KARACHI, May 6 (APP): Former Zimbabwe captain Alistair Campbell has said that they are looking forward to an exciting series between Pakistan and Zimbabwe later this month.
 
Mardan wins KP Inter-Division Women Judo Championship title
PESHAWAR, May 6 (APP): Mardan clinched the trophy after securing 81 points with five gold medal, four silver and one bronze medal in the Khyber Pakhtunkhwa Inter-Division Women Judo Championship played here at Lala Rafique Sports Arena on Wednesday.
 
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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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