Petroleum levy

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…

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…

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.…

In the budget 2018-19, the government proposed many recommendations for the automobile sector; many were hailed by the consumers and other stakeholders while some were harshly criticised such as the increase in…