Tag: petroleum

Govt hikes windfall tax on crude petroleum, cuts levy on diesel – Kashmir Reader New Delhi: The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from Rs 3,300 per tonne with effect from Friday.The tax is levied in the form of Special ...

KARACHI: The petroleum dealers in cash-strapped Pakistan have threatened to hold a nationwide strike from Saturday as they are dissatisfied with Shehbaz Sharif-led government on its failure to increase their profit margins, a media report said on Friday.Speaking at a press conference here, Pakistan Petroleum Dealers Association (PPDA) chairman ...

SRINAGAR, July 13: Police on Thursday arrested a shopkeeper for selling petroleum products illegally at exorbitant rates in Jammu and Kashmir's Baramulla district.The accused has been identified as Mehraj Din, a resident of Tantraypora Palhallan, who was found involved in selling petroleum products illegally at exorbitant rates at his ...

Pakistan’s parliament on Sunday approved the government’s 2023-24 budget which was revised to meet International Monetary Fund conditions in a last ditch effort to secure the release of more bailout funds. The IMF in mid-June expressed dissatisfaction with the country’s initial budget, saying it was a missed opportunity to ...

Islamabad , June 19 (ANI): The government of Pakistan is hailing the country's first Russian oil imports as a game-changer for the nation's faltering economy, but analysts emphasise that it is still too early to estimate how much the secret deal will contribute, reported Nikkei Asia. On Sunday, a ...

Inspired by the vision of the Prime Minister Narendra Modi, Oil and Natural Gas Corporation (ONGC) Limited is funding the construction of National Disaster Mitigation Centre and Yatri Niwas in Sidhra, Jammu. Union Minister of Petroleum and Natural Gas for Petroleum, and Housing and Urban Affairs Hardeep Singh Puri, ...

Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35% of diesel sold in the South Asian country has arrived illegally from Iran, the Pakistan Petroleum Dealers Association (PPDA) told Reuters on Tuesday.The association said that in the past, the ...

ISLAMABAD —  Pakistan said Monday that Russia had decided to export crude oil, gasoline and diesel to the South Asian nation at discounted prices. Deputy Minister for Petroleum Musadik Malik shared the details at a news conference in Islamabad after visiting Moscow last week where he met with his ...

CS Dr Arun K Mehta chairing a meeting at Srinagar. * Interacts with thousands of teachers Excelsior Correspondent SRINAGAR, July 13: The Chief Secretary, Dr. Arun Kumar Mehta, reviewed stock position of petroleum products including ATF in the valley, here today.Financial Commissioner (ACS), Home, Divisional Commissioner, Kashmir, Commissioner Secretary, ...

Karachi , April 17 (ANI): The exchange rate of the Pakistani Rupee with the US dollar is subject to uncertainty owing to the political and economic turmoil in the country, currency experts and dealers say, Pakistani media reported. Atif Ahmed, a currency dealer in the interbank market was reported ...