Sales Tax on Petrol

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…

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…

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…