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May 14, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Wasim Iqbal

CNG sector allowed to use surplus LNG capacity
Markets

CNG sector allowed to use surplus LNG capacity

The government has allowed compressed natural gas (CNG) sector to utilize LNG surplus capacity to maintain CNG price below petrol price and reduce per day capacity charges to LNG terminals. Universal Gas Distribution Company (UGDC) owned by CNG sector wil
Published 27 Sep, 2019 12:00am
AGP's report: PD failed to make 'appropriate' rules under GIDC law
Print

AGP's report: PD failed to make 'appropriate' rules under GIDC law

Auditor General of Pakistan held the Petroleum Division responsible for failure to make appropriate rules under the Gas Infrastructure Development Cess (GIDC) Act 2015 which accounts for the non-realization of principal and late payment surcharge on GIDC
Published 21 Sep, 2019 12:00am
AGP's report: PD failed to make 'appropriate' rules under GIDC law
Print

AGP's report: PD failed to make 'appropriate' rules under GIDC law

Auditor General of Pakistan held the Petroleum Division responsible for failure to make appropriate rules under the Gas Infrastructure Development Cess (GIDC) Act 2015 which accounts for the non-realization of principal and late payment surcharge on GIDC
Published 21 Sep, 2019 12:00am
GIDC levy: SC to hear 107 petitions from today
Print

GIDC levy: SC to hear 107 petitions from today

A three-member special bench of the Supreme Court (SC) will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy, from today. Attorney General for Pakistan Anwar Mansoor Khan on behalf of the federal government on
Published 19 Sep, 2019 12:00am
GIDC levy: SC to hear 107 petitions from today
Print

GIDC levy: SC to hear 107 petitions from today

A three-member special bench of the Supreme Court (SC) will start hearing 107 pending petitions regarding Gas Infrastructure Development Cess (GIDC) levy, from today. Attorney General for Pakistan Anwar Mansoor Khan on behalf of the federal government on
Published 19 Sep, 2019 12:00am
Controversial GIDC ordinance withdrawn
Print

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent
Published 05 Sep, 2019 12:00am
Controversial GIDC ordinance withdrawn
Print

Controversial GIDC ordinance withdrawn

The federal government on Wednesday decided to withdraw the Gas Infrastructure Development Cess (Amendment) Ordinance 2019, which was promulgated by President Arif Alvi. A statement issued by the Prime Minister's Office stated that "in view of the recent
Published 05 Sep, 2019 12:00am
PM takes notice of Rs 208 billion waiver
Print

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O
Published 04 Sep, 2019 12:00am
PM takes notice of Rs 208 billion waiver
Print

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O
Updated 04 Sep, 2019 07:28am
PM takes notice of Rs 208 billion waiver
Print

PM takes notice of Rs 208 billion waiver

Prime Minister Imran Khan on Tuesday took notice of Rs 208 billion waiver given to fertilizer sector on account of Gas Infrastructure Development Cess (GIDC). Chairing a meeting of the federal cabinet here, the Prime Minister directed Minister for Power O
Published 04 Sep, 2019 12:00am
MoF announces reduction in prices of POL products
Markets

MoF announces reduction in prices of POL products

Ministry of Finance announced on Saturday a reduction in prices of petroleum products for month of September owing to a decrease in global oil prices. The government had passed on full impact of reduction in prices of petrol, kerosene oil and Light Diesel
Published 01 Sep, 2019 12:00am
MoF announces reduction in prices of POL products
Markets

MoF announces reduction in prices of POL products

Ministry of Finance announced on Saturday a reduction in prices of petroleum products for month of September owing to a decrease in global oil prices. The government had passed on full impact of reduction in prices of petrol, kerosene oil and Light Diesel
Published 01 Sep, 2019 12:00am