The petroleum dealers were protesting against the government's decision to impose a 0.5 per cent advance turnover tax which, they say, would result in an additional tax burden of Pakistani Rupees (PKR) 1 million per pump, a demand they vehemently rejected and refused to accept under any circ
According to the latest Pakistan Bureau of Statistics (PBS) weekly report, the annual inflation rate has surged to 23.59 per cent. The report highlights increases in prices for 29 essential items over the past week, while five items maintained stable prices and 17 experienced price reduction
Amid the ongoing Pakistan Petroleum Dealers Association's strike, Karachi is experiencing a fuel crisis since the supply of petroleum products has run out, reported ARY News on Friday.
The supply chain would be fully operational, the PSO said, adding that petrol pumps will remain stocked despite the nationwide strike by the petrol dealers.
Pakistan Petroleum Dealers Association chairman Abdul Sami Khan expressed frustration over the lack of resolution despite extensive dialogues with government officials.
New Delhi/ Mumbai (Maharashtra) [India], July 2: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, proudly announces its partnership with the Indian Olympic Association (IOA) as the official Principal Partner for four years, starting from Paris Olym
As part of this collaboration, BPCL will launch a series of campaigns designed to support and uplift the Indian contingent heading to Paris. These initiatives aim to inspire the nation, galvanize support for the athletes, and celebrate their relentless pursuit of excellence on the global sta
This move, according to industry insiders, could effectively address the persistent issue of capacity underutilization that has been plaguing most of these facilities and bring about greater transparency in the sector.
In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy (PDL) on diesel and petrol from Pakistani Rupees (PKR) 80 to PKR 70 per litre but increased it from the existing PKR 60.