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Browsing Tag
petrol prices
And finally, after a series of petrol price hikes, the government has reduced petroleum rates. The global prices of petroleum products have been going down for about a month now. Our government took its time to…
FBR Reduced Sales Tax on Petrol to 0%
Federal Board of Revenue (FBR) has reduced General Sales Tax (GST) on petrol to 0%. According to a notification, SRO 1579 (I)/2021, the GST on the petrol was 1.43% in November 2021, however, it has been taken…
No Changes in Petrol Prices, Aye Aye!
After a lot of drama in the petroleum department, the government has decided to keep the petrol prices unchanged for the next 15 days. We thought the prices were going up this time before coming down in the…
Petrol Prices Will Come Down, Just Not This Time
For the first time in months, international oil prices have dropped. Now, everyone’s expecting relief in the local petrol prices. Sorry to break it to you, but it’s too soon for that. Not to worry, though,…
End of Petrol Strike, All Pumps Reopen
After a long day of panic, petrol pumps have reopened all over the country. The government has negotiated terms with Pakistan Petroleum Dealers Association (PPDA) and agreed to increase their profit margin in…
Petroleum Levy Will Go Up By Rs. 4 Each Month
Only a few days ago, the government did a comforting thing for the public. PM Imran Khan reduced sales tax on petroleum products from 17% to 0, giving up on hundreds of billions of tax money for public relief.…
PM Imran Reduced Sales Tax on Petrol from 17% to 0
These days, petrol prices have become a common subject of discussion. Not a day goes by without news or update on the petrol prices in Pakistan. Today’s update is that, for the first time in the history of…
PM Imran Rejects OGRA’s Proposal to Increase Petrol Prices
After the last fuel price hike of Rs. 8.03, PM Imran Khan has announced a well-deserved breather for the public. According to a statement issued by the Prime Minister's office, PM Khan has rejected OGRA's…
Another Fuel Price Hike: Petrol Likely to Cross Rs. 145
The government dropped the petrol bomb on the public on Oct 16, taking the fuel prices to an all-time high in the history of Pakistan. The public is losing their minds, but the fuel prices are going up and up.…
Petrol Prices Likely To Rise AGAIN!
After the last price increase on Oct 1, petrol is now at an all-time high in the country. The next price revision will take place on Oct 16, and things are not looking good for the public. As per a media…
OGRA Proposes Rs5.25 Increase In Petrol Price
The way our government is increasing petrol prices each month, it's not even funny anymore. After the last massive increase of Rs. 5 per litre, Oil and Gas Regulatory Authority (OGRA) has now proposed a petrol…
Massive Increase in Petrol Prices!!
The Government of Pakistan never disappoints. Good or bad, they always have a surprise in store for us. This time, it’s the massive fuel price hike. Petrol prices have been revised and increased by Rs. 5+. …
Federal Government Reduced Petrol Prices
The federal government has reduced the Petrol prices today. The new prices will implemented from September1st, 2021. According to a notification, the price of petrol has been reduced by Rs1.50, taking the rate…
GOOD NEWS – FBR Reduced Sales Tax on Petrol
The Federal Board of Revenue (FBR) has reduced the Sales Tax on petrol. According to a notification, the tax has been slashed by 5.63%, affecting July 16, 2021. FBR has issued SRO 937(i)/2021 for this purpose…
OGRA Proposes Rs4.20 Increase in Petrol Price
Oil and Gas Regulatory Authority (OGRA) has proposed a hike of Rs4.20 per liter in petrol price. According to media reports, OGRA has sent a summary to the Petroleum Division to revise the prices for next 15…
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