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Browsing Tag
petrol prices
After the last price hike, petrol prices reached an all-time high at Rs. 147.83. We were all trying to make peace with it, afraid that the next price revision would take the rates even higher and petrol price…
Petrol Prices May Go Up Again in Pakistan
It seems that petrol prices are not coming down any time soon as the news is not that good. According to the sources, the prices may go up again in Pakistan. The media reports suggested that price of petrol may…
Petrol Price May Hit All-Time High of Rs.150 – Sources
And the news regarding petrol price in Pakistan seems to get bad with every passing day. According to sources, the prices may reach an all-time high of Rs. 150 per litre as the government is planning to hike…
Sales Tax INCREASED on Petroleum Products
It’s only day five of 2022, and the second petrol news is already here. After the government increased petrol prices on New Year, the Federal Board of Revenue (FBR) has increased the sales tax on petroleum…
Why Did Petrol Prices Increase On New Year’s?
While everyone was getting excited about the new year, the government took the excitement away with another hike in petrol prices. We did anticipate what was going to happen. But the price increase hurt just…
Petrol Prices May Go Up This Time
After a series of petroleum price hikes, the government finally gave relief to the public and reduced the prices from Dec 16. But, once again, things are not looking good as the government is working on the …
Petrol Prices – January 2021 Vs. December 2021
As the year is ending, we thought to bring the price comparison of petrol prices between January 2021 and December 2021. We will give you a brief overview of prices of petrol, High-Speed Diesel (HSD), Kerosene…
Petrol Prices Reduced, Less Than Expected
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…
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