The Petroleum Division has issued a notification confirming that the petroleum levy on petrol, diesel and kerosene oil will remain unchanged, even as the government has increased fuel prices under its latest pricing review. Read More: JI chief announces countrywide protests against petroleum levy on Friday According to the notification, the petroleum levy on petrol has […]
petroleum levy
Petrol, diesel prices rise by Rs13
The federal government has increased petrol and high-speed diesel prices by more than Rs13 per litre, with new rates taking effect from Saturday. Petrol now costs Rs310.71 per litre after an increase of Rs13.18, while diesel has risen by Rs13.80 to Rs323.30 per litre. The hike is expected to increase pressure on consumers and transport […]
Global oil falls, Pakistan fuel unchanged
Global crude oil prices have returned close to pre-war levels, yet Pakistan has kept petrol and diesel prices unchanged for the coming week. The decision means consumers will not benefit from the latest decline in international oil markets. Analysts say the move has sparked fresh debate over fuel pricing and government policy. Brent crude fell […]
Tax share in petrol, diesel revealed
Officials have revealed the detailed tax structure included in petrol and diesel prices in Pakistan. According to petroleum division sources, around 29 percent of the retail price of both fuels consists of taxes. The breakdown highlights the significant role of levies and duties in determining fuel costs for consumers. For petrol, officials said taxes amount […]
Aamir Dogar welcomes fuel price cut, urges reduction in petroleum levy
Pakistan Tehreek-e-Insaf (PTI) leader Aamir Dogar has welcomed the government’s decision to reduce petroleum product prices but urged authorities to further cut the petroleum levy to provide additional relief to the public. Speaking during a National Assembly session on budget recommendations, Dogar praised the government’s move to lower fuel prices, saying it was a positive […]
Government revises petroleum levy on fuel products
The federal government has announced revisions to petroleum levy rates on various fuel products, adjusting charges on petrol and diesel while keeping dealers’ margins unchanged. According to an official notification, the petroleum levy on petrol has been reduced by Rs9.34 per litre. As a result, the levy on petrol has decreased from Rs116.08 per litre […]
MQM-P calls for end to petroleum levy
The Muttahida Qaumi Movement-Pakistan (MQM-P) has called on the government to abolish the petroleum levy and broaden tax collection by targeting wealthy segments of society, arguing that the current tax structure places an excessive burden on ordinary citizens. Read More: Govt undoes relief to salaried class; slaps Rs 50/litre fuel levy The demand was made by […]
Petroleum levy collections surpass IMF loan amount
The federal government has collected more than Rs2.7 trillion in petroleum levy from citizens over the past two years, according to official documents, with the amount reportedly exceeding the combined value of Pakistan’s two ongoing International Monetary Fund (IMF) loan programmes. Read More: IMF seeks higher petroleum levy target Documents revealed that from April 2024 to March 2026, […]
Petroleum levy collections cross Rs1.2 trillion in nine months
Documents presented in the National Assembly revealed that the government collected more than Rs1.2 trillion from consumers through petroleum levy during the first nine months of the current fiscal year. The figures highlighted the growing financial burden on fuel consumers as authorities continued relying heavily on petroleum-related charges to support revenue collection and manage fiscal […]
Breakdown of fuel pricing reveals Rs153 per litre tax petrol and Rs116 on diesel in Pakistan
A detailed breakdown of petroleum pricing in Pakistan has revealed that a significant portion of the retail price of petrol and high-speed diesel consists of taxes, duties, and profit margins, raising renewed debate over fuel affordability for consumers. Read More: Govt raises petrol by Rs6.51 per litre, diesel prices by Rs19.39 per leter from May 1 According to […]