Friday, 22 November 2024
Trending
The Transport Minister unveiled the r12 people bus service in Karachi. Big rescue operation is currently in progress following the Uttarkashi tunnel collapse. Iceland volcanic eruption: State of emergency announced due to the potential threat. Cristiano Ronaldo took control of the Portuguese media organization. Taylor Swift and Travis Kelce Thanksgiving plans have been disclosed. The President of China arrives in the United States; Biden and Xi meeting to be held at the location unknown to the public. China declares scholarships for Pakistani students and scholars 2023. Bitcoin experiences a slight decrease, while alternative cryptocurrencies reflect this trend amidst volatile conditions. Batik Air from Malaysia initiates flight services connecting Karachi and Kuala Lumpur. UAE Heavy rainfall has transformed roads into waterlogged areas in several cities, including Dubai.

اُردو

Energy Minister
Energy Minister
CrimeEconomyHeadlinesPakistan

The public was informed by the Energy Minister regarding the petroleum levy.

Share

The Caretaker Energy Minister, Muhammad Ali, expressed concern over the high taxes in the petroleum sector, emphasizing the need for a reassessment of the Rs 60 per liter petrol levy. During the Senate Standing Committee on Energy meeting chaired by Senator Azam Nazir Tarar, the Energy Minister advocated for a review of the taxes applied to the petrol industry.

Muhammad Ali also suggested that the Federal Board of Revenue (FBR) should directly collect income tax instead of including it in bills. He recommended the elimination of cross-subsidy nationwide, the introduction of fixed charges in the power sector to ensure consistent revenue regardless of the season, and the consideration of electricity theft as a punishable offense.

Additionally, the Energy Minister mentioned that an ordinance addressing electricity theft has been signed and will be enforced soon. He urged the removal of government interference with Distribution Companies (DISCOs) and emphasized the need to find a solution for the electricity tariff structure and capacity payments.

Read more about “The IMF has mandated a 100% increase in gas tariffs for customers under protection.”