Govt set to remove cap on refineries’ dividends

Aftab Ahmed Islamabad: The government is all set to remove the cap of dividends by refineries in a new proposed oil refinery policy 2020. Under a plan, capping of dividends by refineries and 7.5 percent deemed duty on high-speed diesel would be discontinued. The refinery margins will be introduced based on 50% Oil marketing companies … Continue reading Govt set to remove cap on refineries’ dividends