Petrol Levy

Pakistani Finance Minister Muhammad Aurangzeb has decided to increase the levy on petroleum products. This has aroused concern among consumers, economists, and the automotive industry. The changed policy will…

In a recent development, the Government of Pakistan announced that it successfully collected a substantial amount of Rs. 75 billion from the Petrol Levy (PDL) in July 2023. This accomplishment, although in line…

The Ministry of Finance recently admitted its proposal to amend the petroleum ordinance, which would increase the petrol levy on all petroleum products to Rs. 60 per liter. This move has sparked debates and…

The government, for this fortnight, decided to keep the petrol prices in Pakistan unchanged. The media reports called this decision political due to October 16 by-polls. Finance Minister Ishaq Dar, currently in…

It seems we are going to get another jump in petrol price in Pakistan. If you guys remember, we told you that the government has agreed to take Petrol Levy to Rs. 50 under an agreement with International…

As all of you know, the government announced revised prices of petroleum goods yesterday. In a somewhat surprising move, the authorities reduced the petrol price by Rs. 3; however, the diesel rate was hiked by…

Last night, the federal government gave a big news to the vehicle owners as Prime Minister Shehbaz Sharif announced a reduction in petrol prices. In his address to the nation, Sharif announced that petrol price…

The government is considering to impose PKR 20 General Sales Tax (GST) per liter on petroleum products in the country. The new potential tax will be implemented in this year’s annual budget. According to…