Islamabad: Federal Finance and Revenue Minister, Miftah Ismail here on Wednesday clarified that the government has no intention to pass on the full amount of petroleum levy (Rs.50 per liter) as incorporated in the Finance Bill 2022-23 to the consumers. 

“The government has got the permission from you (the house) to impose up to Rs.50 per litter levy on petroleum products but there is no hope and intention to take the levy up to this figure”, he said while speaking in the National Assembly (NA). 

The Minister also informed the members of the house that at present there is zero petroleum levy on the petroleum products.

A Mexican journalist was killed in the northern state of Tamaulipas on Wednesday, the newspaper he worked for said, the latest in a series of attacks in one of the world's most dangerous countries for media workers.

Antonio de la Cruz, a journalist for local newspaper Expreso, was gunned down in his home in the state capital Ciudad Victoria, the paper said.

His death comes after eight others in the media have been murdered in Mexico this year as a result of their journalism, according to human rights organization Article 19.

Presidential spokesperson Jesus Ramirez said on Twitter the journalist's daughter also was injured in the attack.

"We must not allow any more attacks on journalists and activists. These crimes will not go unpunished," Ramirez wrote.

The paper's parent company Expreso-La Razon demanded justice from authorities.

The Tamaulipas attorney general's office said in a statement it had opened an investigation into the incident and that police are collecting evidence and hunting for the attackers.

Violence against the press has skyrocketed during Mexican President Andres Manuel Lopez Obrador's administration, according to a report published by Article 19.

SOURCE: REUTERS

Islamabad: The National Assembly Wednesday approved amendments in the budget for the fiscal year 2022-23 to impose a Rs 50 levy on petroleum products.

Under the Finance Bill, the government has changed the cap on the petroleum development levy (PDL) from Rs30 per litre to Rs50 per litre.

However, the government hinted about increasing PDL to Rs50 per litre gradually.

At present, there is zero petroleum levy on petroleum products.

On the other hand, Federal Finance and Revenue Minister, Miftah Ismail here on Wednesday clarified that the government has no intention to pass on the full amount of petroleum levy (Rs.50 per liter) as incorporated in the Finance Bill 2022-23 to the consumers. 

“The government has got the permission from you (the house) to impose up to Rs.50 per litter levy on petroleum products but there is no hope and intention to take the levy up to this figure”, he said while speaking in the National Assembly (NA). 

The Minister also informed the members of the house that at present there is zero petroleum levy on the petroleum products.