Connect with us

Pakistan

OMC, dealers’ margin increased by up to 88 paisas

Published

on



ISLAMABAD:

The government has further increased the margin of oil companies and dealers on petrol and diesel, as a result of which complete relief on petroleum products could not reach the people.

In the caretaker government’s first step of providing relief to the inflation-hit people, the prices of petroleum products had been reduced by up to Rs11 per litre, in a first major decline in two months on the back of a strengthened rupee.

Advertisement

The new prices had been implemented from Sunday. The price of petrol has been reduced by Rs8 – from Rs331.38 per litre to Rs323.38. Similarly, the rate of high-speed diesel (HSD) has been decreased by Rs11 – from Rs329.18 per litre to Rs318.18.

The margin on petrol and diesel was further increased by 88 paisas per litre.

According to sources, the oil companies’ margin has been increased by 47 paisas per litre and dealers’ increased by 41 paisas per litre.

The Oil Marketing Companies’ (OMC) margin on petrol increased to Rs6.94 per litre from the earlier Rs6.47 while that on diesel increased to Rs7.17 per litre from Rs6.70.

The dealers’ margin on both petrol and diesel increased to Rs7.82 per litre from Rs7.41.

Advertisement

The government also increased the freight margin on petrol and diesel. The freight margin on diesel was increased by Rs1.78 per litre and on petrol by 16 paisas per litre.

The government is charging Rs65-70 per litre taxes and Rs50 per litre levy on diesel. Taxes on petrol are Rs80.29 per litre and petroleum levy is Rs60 per litre.

On Sept 16, the OMC and dealers’ margin on petrol and diesel had been increased by 88 paisas per litre.

 

 

Advertisement



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Pakistan

Bilawal consults legal minds on ZAB reference

Published

on

By



ISLAMABAD:

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Friday consulted legal minds of his party on the presidential reference case of his late grandfather, Zulfikar Ali Bhutto.

The development came during a meeting of central and provincial officials as well as legal experts of the Peoples Lawyers Forum (PLF) at Zardari House here. Bilawal chaired the meeting.

Advertisement

During the meeting, the PLF officials briefed Bilawal on the presidential reference case of ZAB. Farooq H Naik and Shahadat Awan participated in the meeting through video link while Qazi Bashir, Bahram Khan Tareen, Raheel Kamran Cheema, Sajid Tanoli, Gohar Rehman Khattak, Ghiyasul Haque and Asrar Abbasi were present.

Read Bhutto murder reference to be heard after 11 years

Syed Nayyar Hussain Bokhari, Faisal Karim Kundi, Raza Rabbani and Amna Paracha were also present in the meeting.
Meanwhile, a civil society delegation also met with Bilawal and discussed the challenges faced by the masses and their solutions.
Bilawal appreciated the delegation for their services and performance in their respective fields.

Ahmed Faraz Khan Advocate, Barrister Saifullah Ghori, Bilal Tariq Khan, Dr Abdul Mohiman, Dr Maria Hamid, Dr Salma Malik, Faheem Sardar, Hafiz Muhammad Tahir, Huma Fawad, Jahanzeb Durrani and Kanwal Malik were among those who met the PPP chairman.

Lubna Bhayat, SM Tariq, Javed Akhtar, Pir Mohammad Anwar, Junaid, Raja Mohammad Khan, Sania Kamran, Shehbaz Zaheer, Shamamata Al Ambararbab, Buland Sohail, Kashaf Ahmed, Talha Rahmani, Osama Malik, Usman Iqbal Bandal and Yusuf Masih were part of the delegation. PPP Information Secretary Faisal Karim Kundi was also present on this occasion.

Advertisement



Continue Reading

Pakistan

SC to take up appeals against military trial verdict on Dec 13

Published

on

By



ISLAMABAD:

The Supreme Court is set to take up high-profile cases in the coming week, including the appeals against its verdict in the trial of civilians in military courts and pleas filed by Justice Sayyed Mazahar Ali Akbar Naqvi.

A Supreme Court larger bench will hear on Dec 13 the intra-court appeals against its judgment in the case of civilians being tried in military courts. The appeals have been filed by the caretaker governments and the defence ministry.

Advertisement

On Oct 23, a five-judge bench of the SC unanimously declared the trial of civilians in military courts as null and void and ordered that the 103 accused in cases relating to the violence on May 9 and 10 be tried under ordinary criminal laws.

Moreover, Justice Naqvi, who is facing complaints of misconduct, recently wrote a letter to the top court’s three senior-most judges’ panel to point out the silence over his petitions challenging the issuance of a show-cause notice to him by the Supreme Judicial Council (SJC) despite the lapse of time as stipulated in the SC (Practice & Procedure) Act, 2023.

A three-judge bench, comprising Justice Aminuddin Khan, Justice Jamal Khan Mandokhail and Justice Musarrat Hilali, will hear his petitions on December 15.

A nine-member larger bench of the apex court led by Chief Justice of Pakistan Qazi Faez Isa will take up a presidential reference for revisiting the judgment wherein the death sentence of PPP founder and former premier Zulfikar Ali Bhutto was endorsed.

The bench will conduct its proceedings in courtroom No. 1 on December 12. These decisions were made by the SC three-member committee comprising CJP Isa, Justice Sardar Tariq Masood and Justice Ijazul Ahsan.

Advertisement

The other high-profile cases that will be tackled by the SC in the coming week include the evacuation of illegal Afghan residents, reclassification of commercial land in Karachi, and reinstatement of the FIR against PTI leader Moonis Elahi.

Read Punjab govt moves SC against military trials verdict

The top court has scheduled the hearing for petitions challenging the evacuation of foreign nationals, especially Afghan citizens, residing unlawfully in the country.

A three-judge bench, comprising Justice Masood, Justice Yahya Afridi and Justice Ayesha Malik, will hear these pleas on December 12.

Farhatullah Babar, Mushtaq Ahmed, Amina Masood Janjua, Mohsin Dawar, Jibran Nasir, Syed Muaz Shah, Pastor Ghazala Parveen, Imaan Zainab Mazari, Ahmad Shabbar, Advocate Imran Shafiq, Luke Victor, Sijal Shafiq, and Rohail Kasi are contesting the evacuation orders.

Advertisement

In a separate case, the dismissal of a Federal Investigation Agency (FIA) case against PTI’s Moonis by a special judge in Lahore and then the upholding of that decision by the Lahore High Court, has been challenged in the SC. 

The FIA has filed an appeal against the dismissal, leading to a review in the apex court.

Moreover, the SC, previously deliberating on the powers of the caretaker government, directed the attorney general for Pakistan (AGP) to assist the court in forming a larger bench to interpret its authority.

In addition, review petitions challenging the decision on the reclassification of land in Karachi to commercial status will be heard in the coming week as well. A three-judge bench, led by Justice Ahsan, is scheduled to hear the matter on December 11.

The court has issued notices to all relevant parties, including the Sindh government, following its earlier ruling invalidating the conversion of public land into residential and commercial categories.

Advertisement

These petitions stem from a challenge initiated in 2010 by former Karachi nazim Niamatullah Khan against the alteration of public land’s categorisation.

A five-judge bench, led by CJP Isa, will also take up on December 14 former Islamabad High Court judge Shaukat Aziz Siddiqui’s petition against his removal.

It is expected that the proceedings of both Bhutto and the ex-IHC judge’s cases will be available on the SC website.



Advertisement
Continue Reading

Pakistan

SC to share recorded proceedings on website

Published

on

By



ISLAMABAD:

The Supreme Court is preparing to release recorded proceedings of cases from Monday, marking a significant shift toward transparency in its operations, instead of broadcasting them live.

Initially, the court will share proceedings from Court No. 1, where the Chief Justice of Pakistan (CJP) presides, on the Supreme Court website after the court’s timing.

Advertisement

The move follows the decision made during a full court meeting on September 18, where a majority allowed live coverage of judicial proceedings under the Supreme Court Practice and Procedure Act 2023. The initiative was piloted with PTV broadcasting the full court proceedings.

Later, a committee, led by Justice Athar Minallah and Justice Muhammad Ali Mazhar, was entrusted with assessing various options for streaming court proceedings live.

Read More: CJP reconstitutes committee to digitise legal system

The committee has now presented its recommendations, deciding that instead of live streaming, recordings of Court No. 1 proceedings will be available on the SC website after the court session on the same day.

The development has evoked mixed reactions among lawyers. While some appreciate the move, a few senior lawyers advocate for live coverage, especially in high-profile cases, believing it would ensure greater transparency.

Advertisement

Read More: CJP says fully cognizant of his duties

The upcoming week holds significant importance for the apex court as it schedules hearings for several important cases.

A nine-member larger bench, headed by CJP Isa, is slated to convene regarding a presidential reference aimed at re-visiting the judgment that endorsed the death sentence of former prime minister Zulfiqar Ali Bhutto.

These proceedings are set to take place in Courtroom No. 1 on December 12.

Additionally, a five-judge bench, also under the leadership of CJP Isa, will address the petition filed by former Islamabad High Court judge Shaukat Aziz Siddiqui against his removal on December 14.

Advertisement

It is expected that the proceedings of both cases will be available on the SC website



Continue Reading

Trending