AGL 37.91 Decreased By ▼ -0.11 (-0.29%)
AIRLINK 215.50 Increased By ▲ 18.14 (9.19%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.83 Increased By ▲ 0.92 (15.57%)
DCL 9.18 Increased By ▲ 0.36 (4.08%)
DFML 39.00 Increased By ▲ 3.26 (9.12%)
DGKC 100.80 Increased By ▲ 3.94 (4.07%)
FCCL 36.50 Increased By ▲ 1.25 (3.55%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.52 Increased By ▲ 6.97 (5.46%)
HUMNL 13.65 Increased By ▲ 0.15 (1.11%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.39 Increased By ▲ 0.39 (5.57%)
MLCF 46.00 Increased By ▲ 1.30 (2.91%)
NBP 61.20 Decreased By ▼ -0.22 (-0.36%)
OGDC 233.25 Increased By ▲ 18.58 (8.66%)
PAEL 40.75 Increased By ▲ 1.96 (5.05%)
PIBTL 8.57 Increased By ▲ 0.32 (3.88%)
PPL 203.15 Increased By ▲ 10.07 (5.22%)
PRL 41.15 Increased By ▲ 2.49 (6.44%)
PTC 28.38 Increased By ▲ 2.58 (10%)
SEARL 108.40 Increased By ▲ 4.80 (4.63%)
TELE 8.75 Increased By ▲ 0.45 (5.42%)
TOMCL 36.00 Increased By ▲ 1.00 (2.86%)
TPLP 13.80 Increased By ▲ 0.50 (3.76%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.47 Increased By ▲ 1.50 (4.55%)
WTL 1.74 Increased By ▲ 0.14 (8.75%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

The Lahore High Court on Monday sought reply from the Petroleum Ministry and Ogra in a petition against proposed increase of 17 percent sales tax on oil products within fortnight. The petitioner, Opposition Leader in Punjab Assembly, Mian Mahmood-ur-Rasheed, said that parliament did not give approval of 17 percent sales tax on POL products. He said it was against the constitution. He therefore requested the court to bar the government from collecting 17 percent sales tax on POL products.

Copyright Business Recorder, 2016

Comments

Comments are closed.