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Tag Archives: stay order

SHC extends stay order against construction of nuclear plants

KARACHI: A Sindh High Court (SHC) bench, headed by its Chief Justice Maqbool Baqar, granted extension in a stay order already issued against the construction of two nuclear power plants – K-II and K-III till November 12. The Pakistan Atomic Energy Commission requested the court to allow construction to begin, claimed that the stay order was losses to the tune ... Read More »

42-paisa per unit cut: K-Electric ordered to share Rs5.421b with consumers

ISLAMABAD: Top power sector watchdog the National Electric Power Regulatory Authority (Nepra) ordered K-Electric to shares benefits of Rs5.412billion from its profits with its consumers and provide them immediate relief. According to reports, the Nepra’s decision comes as part of a mechanism included in K-Electric’s approved tariff in 2009, under which the power distribution company is bound to pass on ... Read More »

LHC extends luxury tax stay order

LAHORE: The Lahore High Court on Wednesday extended the stay order regarding luxury tax on houses with more than two kanals of land. The LHC again issued a notice to the Punjab government to submit reply regarding application lodged against the imposition of luxury tax. Applicant Zain Shahzad’s lawyers took stance that the Punjab government could not collect dual property taxes. On the other ... Read More »

PIA, Shaheen Airline, Air Blue take stay order

KARACHI: The Pakistan Customs has been trying to recover the legitimate tax money from Pakistan International Airlines (PIA), Shaheen International Airlines, Air Blue and a Chinese cellular company. An officer in Legal Department of Pakistan Customs has revealed while sharing his views with Customs Today that billions of rupees were due on private, national airlines and a Chinese cellular company ... Read More »