BR100 Decreased By (-1.39%)
BR30 Decreased By (-1.72%)
KSE100 Decreased By (-1.3%)
KSE30 Decreased By (-1.25%)
AGHA 7.92 Decreased By ▼ -0.17 (-2.1%)
BECO 5.20 Decreased By ▼ -0.07 (-1.33%)
BML 59.25 Decreased By ▼ -0.13 (-0.22%)
BOP 33.68 Decreased By ▼ -0.51 (-1.49%)
CNERGY 9.81 Increased By ▲ 0.19 (1.98%)
CSIL 5.42 Decreased By ▼ -0.08 (-1.45%)
FCCL 53.52 Decreased By ▼ -0.63 (-1.16%)
FFL 16.68 Decreased By ▼ -0.16 (-0.95%)
FNEL 1.21 Decreased By ▼ -0.02 (-1.63%)
KEL 7.35 Decreased By ▼ -0.24 (-3.16%)
KOSM 5.61 Decreased By ▼ -0.07 (-1.23%)
LOTCHEM 29.11 Decreased By ▼ -1.32 (-4.34%)
MLCF 95.50 Decreased By ▼ -2.66 (-2.71%)
NBP 204.35 Decreased By ▼ -4.44 (-2.13%)
NCPL 58.24 Decreased By ▼ -1.37 (-2.3%)
NPL 67.79 Decreased By ▼ -2.08 (-2.98%)
OGDC 317.94 Decreased By ▼ -5.42 (-1.68%)
PACE 10.71 Decreased By ▼ -0.36 (-3.25%)
PAEL 41.83 Decreased By ▼ -0.42 (-0.99%)
PIBTL 16.50 Decreased By ▼ -0.32 (-1.9%)
PPL 219.74 Decreased By ▼ -4.99 (-2.22%)
PRL 44.59 Increased By ▲ 2.94 (7.06%)
PTC 70.77 Decreased By ▼ -0.35 (-0.49%)
SSGC 28.93 Decreased By ▼ -0.38 (-1.3%)
TBL 9.84 Decreased By ▼ -0.12 (-1.2%)
TELE 8.76 Decreased By ▼ -0.23 (-2.56%)
TPL 16.45 Decreased By ▼ -0.07 (-0.42%)
TPLP 12.10 Decreased By ▼ -0.67 (-5.25%)
TREET 22.80 Decreased By ▼ -0.26 (-1.13%)
TRG 60.03 Decreased By ▼ -0.42 (-0.69%)

ISLAMABAD: People may face a shortage of petrol in some places in the country following a countrywide strike on July 5 (Friday) against the imposition of advance tax in the budget for 2024-25.

Most of the fuel stations across the country belong to state-run Pakistan State Oil (PSO) and Attock Petroleum.

Pakistan Petroleum Dealers Association (PPDA) Chairman Abdul Samad Khan made the announcement, stating that all filling stations would observe shutdown across the country if the decision is not reversed by the government. He expressed concerns over the 0.5 percent advance turnover tax included in the Finance Bill 2024-25

He said it would make it impossible for petrol pumps to operate. He asked the government to abolish it immediately, otherwise, they are left with no option but to shutdown operations.

He said 13,000 petrol stations would be closed from July 5 at 6am onward and the strike could continue over the following days unless demands were met and notified.

The Petroleum Division directed the Oil and Gas Regulatory Authority (Ogra), and the heads of the Oil Companies Advisory Council (OCAC), Oil Marketing Association of Pakistan (OMAP) and about 15 larger OMCs to not only keep their outlets sufficiently fuel with backup supplies but also provide lists of such pumps that would remain operational.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.