AIRLINK 209.40 Decreased By ▼ -3.42 (-1.61%)
BOP 10.31 Increased By ▲ 0.06 (0.59%)
CNERGY 6.86 Decreased By ▼ -0.14 (-2%)
FCCL 33.50 Increased By ▲ 0.03 (0.09%)
FFL 17.05 Decreased By ▼ -0.59 (-3.34%)
FLYNG 22.50 Increased By ▲ 0.68 (3.12%)
HUBC 129.50 Increased By ▲ 0.39 (0.3%)
HUMNL 14.04 Increased By ▲ 0.18 (1.3%)
KEL 4.83 Decreased By ▼ -0.03 (-0.62%)
KOSM 6.85 Decreased By ▼ -0.08 (-1.15%)
MLCF 43.00 Decreased By ▼ -0.63 (-1.44%)
OGDC 215.46 Increased By ▲ 2.51 (1.18%)
PACE 7.17 Decreased By ▼ -0.05 (-0.69%)
PAEL 42.14 Increased By ▲ 0.97 (2.36%)
PIAHCLA 16.95 Increased By ▲ 0.12 (0.71%)
PIBTL 8.50 Decreased By ▼ -0.13 (-1.51%)
POWER 8.81 No Change ▼ 0.00 (0%)
PPL 185.30 Increased By ▲ 2.27 (1.24%)
PRL 39.46 Decreased By ▼ -0.17 (-0.43%)
PTC 24.89 Increased By ▲ 0.16 (0.65%)
SEARL 99.15 Increased By ▲ 1.14 (1.16%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 41.06 Decreased By ▼ -0.67 (-1.61%)
SYM 18.35 Decreased By ▼ -0.51 (-2.7%)
TELE 9.21 Increased By ▲ 0.21 (2.33%)
TPLP 12.60 Increased By ▲ 0.20 (1.61%)
TRG 67.10 Increased By ▲ 1.42 (2.16%)
WAVESAPP 10.86 Decreased By ▼ -0.12 (-1.09%)
WTL 1.84 Increased By ▲ 0.05 (2.79%)
YOUW 4.08 Increased By ▲ 0.05 (1.24%)
BR100 11,876 Increased By 9.5 (0.08%)
BR30 36,025 Increased By 327.9 (0.92%)
KSE100 114,033 Decreased By -115.9 (-0.1%)
KSE30 35,896 Decreased By -56.2 (-0.16%)

Petroleum dealers in the country have threatened to close business for one day if the government does not restore their old commission on petroleum products sale.
This was stated by Chairman All Pakistan Vigilance Petroleum Dealers Foundation Syed Zia Abbas while talking to reporters here on Sunday, after presiding an emergency meeting of its members in Karachi.
He said the recent decision to reduce commission charges of petroleum dealers has made it "extremely difficult for them to carry on business across the country. We cannot meet the high overhead expenses now."
"A large number of our customers have shifted to CNG instead of using petrol. Moreover the selling of sub-standard smuggled petroleum products at less price continues at illegal pumps greatly affecting business of registered dealers in the country," he added.
Syed Zia Abbas stated that instead of a crackdown on illegal pumps business, the commission of registered petroleum dealers who pay large amount of taxes to the government had been arbitrarily reduced.
He said it had become very difficult for registered dealers to carry on their business and demanded that old commission should be restored without any further delay.

Copyright Pakistan Press International, 2006

Comments

Comments are closed.