AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.71 Increased By ▲ 2.65 (2.05%)
BOP 6.83 Increased By ▲ 0.08 (1.19%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.42 Decreased By ▼ -0.13 (-1.52%)
DFML 41.60 Increased By ▲ 0.78 (1.91%)
DGKC 82.30 Increased By ▲ 1.34 (1.66%)
FCCL 33.20 Increased By ▲ 0.43 (1.31%)
FFBL 72.40 Decreased By ▼ -2.03 (-2.73%)
FFL 12.43 Increased By ▲ 0.69 (5.88%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.17 Decreased By ▼ -0.14 (-2.64%)
KOSM 7.63 Decreased By ▼ -0.09 (-1.17%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.80 Increased By ▲ 0.29 (0.46%)
OGDC 192.75 Decreased By ▼ -1.94 (-1%)
PAEL 25.75 Increased By ▲ 0.04 (0.16%)
PIBTL 7.36 Decreased By ▼ -0.03 (-0.41%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.82 Increased By ▲ 0.03 (0.12%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.40 Increased By ▲ 3.75 (4.77%)
TELE 7.79 Decreased By ▼ -0.07 (-0.89%)
TOMCL 33.55 Decreased By ▼ -0.18 (-0.53%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.25 Decreased By ▼ -0.97 (-1.67%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.38 Decreased By ▼ -0.01 (-0.72%)
BR100 10,507 Increased By 61.9 (0.59%)
BR30 31,262 Increased By 72.9 (0.23%)
KSE100 98,089 Increased By 290.7 (0.3%)
KSE30 30,567 Increased By 86.3 (0.28%)

A shortage of fuel is looming countrywide as the Oil Tankers Association has entered a strike against increase in sales tax by the government. According to chairman of Oil Tankers Owners Association Akram Durrani, the supply of oil from oil refineries and oil depot had been stopped immediately. After the imposition of tax, per tanker was supposed to pay Rs 30,000 under taxes, said reports. Durrani said the oil sector was already burdened with various taxes; hence any new tax would put the vital sector in a challenging position to operate.
The suspension has halted oil supply to power plants and petrol stations. The protest is underway against imposition of 16 percent sales tax on services. Following their strike, oil tankers have stopped carrying supply from oil depots as well.

Copyright Independent News Pakistan, 2015

Comments

Comments are closed.