FPCCI calls for equal tax on LNG
July 14, 2021
LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Khawaja Shahzeb Akram on Tuesday called for equal taxation for imported and locally-produced liquefied petroleum gas (LPG) to provide local industry a level playing field.
“The FPCCI is not against the import of LPG. Still, it is against disparities in taxation,” he said while talking to the Pakistan LPG Marketers Association (PLPGMA) delegation at the FPCCI Regional Office Lahore.
LPG imports should continue until local producers meet the demand in full. Local industry was under tremendous pressure against imported LPG the latter had lower taxation and no regulatory duty. Therefore, the LPG sector needed immediate intervention and assistance from the government, he added.
Thirteen companies receive LCCI 1st IT awards
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13 companies given first LCCI information technology award
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
OGRA urged to take LPG stakeholders on board
Business
May 8, 2021
LAHORE: The Pakistan LPG Marketers Association (PLPGMA) has demanded the Oil and Gas Regulatory Authority (OGRA) to take stakeholders on board on the proposed LPG Policy 2021, a statement said on Friday.
In a letter written to the OGRA chairman, PLPGMA Chairman Farooq Iftikhar said that the Ministry of Energy, under the guidance of LG’s Director-General, has hastily and surreptitiously drafted the LPG Policy, which has not been circulated to any LPG marketing company for their feedback or comments.
This policy is different from the one that was earlier prepared by the Planning Commission, which had invited all stakeholders to provide their comments, he said.
LPG sector demands say in new policy
Association laments policy drafted in haste, not shared with marketing firms
According to officials, comprehensive site surveys have been conducted to select potential points for the establishment of air-mix plants. PHOTO: FILE
LAHORE:
Stakeholders of the liquefied petroleum gas (LPG) sector have requested the Oil and Gas Regulatory Authority (Ogra) to take them on board while finalising the LPG Policy 2021.
In a letter written to the Ogra chairman on Friday, Pakistan LPG Marketers Association (PLPGMA) Chairman Farooq Iftikhar said that the Ministry of Energy had drafted the LPG policy in haste and it was not shared with any LPG marketing company for feedback or comments.