No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8
No Result
View All Result
No Result
View All Result

Petroleum dealers announce nationwide strike

Zain Aijaz by Zain Aijaz
July 3, 2022
in Featured, Latest News, National, Top News
Reading Time: 1 min read
Petrol
Share on FacebookShare on Twitter

On Sunday, the Pakistan Petroleum Dealers Association (PPDA) announced a nationwide strike on July 18. According to Abdul Sami Khan, the association demanded an increase in the margin they receive on petroleum products. He added that current rates were making it hard to continue the sales.

PPDA is asking for the margin to be raised to 6 per cent from 3.5pc. The decision was made after an emergency meeting of the dealers’ group. In June, the demand for petrol had dropped by 12pc and diesel by 16pc. The continued drop has been associated with rising taxes and the withdrawal of subsidies.

In November 2021, the same issue came during PTI’s tenure. PPDA had demanded a raise in the margin to 6pc (Rs5 per litre). But the previous government and PPDA agreed on increasing the margin by 99 paisa on petrol, and 83 paisa on high-speed diesel.

Related

Zain Aijaz

Zain Aijaz

Zain is a media student and a writer by passion. He is a certified creative writer from Wesleyan University and enthusiastically writes on non-fiction and political satire. He is vastly experienced in the field of theatre and has served as a theatre mentor across different institutions. Currently, he is a contributor at The Upcut and can be reached at zainaijazdehlvi@gmail.com

Related Posts

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market
Business

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market

February 3, 2023
Professor becomes student; Mohammad Hafeez takes admission in Karachi University physical education department
Latest News

Professor becomes student; Mohammad Hafeez takes admission in Karachi University physical education department

February 3, 2023
PSL 8 Schedule
Latest News

PCB introduces season passes for weekday HBL PSL 8 matches

February 3, 2023

Leave a Reply Cancel reply

Your email address will not be published.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

TOP NEWS

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market

Pakistani rupee reaches to historic low of Rs276 against US dollar in interbank market

by Zain Aijaz
February 3, 2023

KARACHI: With each passing day, the Pakistani rupee is losing its value in the currency market. Not only that but...

Professor becomes student; Mohammad Hafeez takes admission in Karachi University physical education department

Professor becomes student; Mohammad Hafeez takes admission in Karachi University physical education department

by Zain Aijaz
February 3, 2023

Former captain of the Pakistan men’s national cricket team Mohammad Hafeez, who is called a professor of cricket has now...

PSL 8 Schedule

PCB introduces season passes for weekday HBL PSL 8 matches

by Press Release
February 3, 2023

Tickets will go online on Saturday at 1100 at cricket.bookme.pk; physical tickets to be available during the tournament from box...

New boys on the block: Six young stars to watch out for in HBL PSL 8

New boys on the block: Six young stars to watch out for in HBL PSL 8

by Press Release
February 3, 2023

LAHORE: The HBL Pakistan Super League has served as a launching pad for several talented youngsters over the years as...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
  • Tech
  • Stories
  • PSL 8

Copyright © 2022 The Upcut. All rights reserved.