petroleum levy

Despite opposition protests, the National Assembly passed the federal budget 2025–26 with significant amendments, including stricter tax fraud penalties, a new carbon levy, and reforms in MP salaries and customs …

The federal government has increased the prices of petrol and high-speed diesel by Rs. 4.80 and Rs. 7.95 per liter respectively, effective June 16, 2025. This marks a significant revision …

Reportedly, Pakistan and IMF have agreed in principle on imposing petroleum levy, but the rate is yet to be determined.

Petrol Prices in Pakistan are unlikely to decline even if global prices plummet, because the domestic policy is aiming for something else.

The federal government has decided to maintain current fuel prices despite international price drops, using the resulting savings to invest in infrastructure development, particularly in Balochistan, including dualizing the N-25 …

ISLAMABAD, March 18: The federal government expects to generate additional revenue by increasing the petroleum levy (PL) on petrol and high-speed diesel (HSD) by Rs10 per litre, effective from March …

Petrol and Diesel Prices ISLAMABAD: In a promising turn of events, the citizens of Pakistan can anticipate a substantial reduction in petrol and diesel prices, estimated to be around Rs …

With immediate effect beginning on October 16, 2022, the government has increased the Petroleum Levy (PL) on gasoline by Rs14.84 to Rs47.26 per litre while decreasing it on diesel, maintaining …

Under the deal with the IMF, the government had already levied Rs10 per litre levy on petrol from July. It will be raised by another Rs10 on August 1 until …

ISLAMABAD: Despite decline in international prices, the government on Tuesday decided to keep the prices of all major petroleum products unchanged for the next 15 days by increasing tax rates …