petroleum levy in Pakistan
Petroleum Levy Collection Surges to Rs1.567tr in FY26
The government collected Rs1.567 trillion through the Petroleum Levy (PL) in fiscal year 2025-26. The figure exceeded the revised target of Rs1.498 trillion by around…
OCAC Warns New Levies on Furnace Oil Will Cripple Industries
The Oil Companies Advisory Council (OCAC) has raised alarms over the government’s decision to impose new levies on furnace oil, cautioning that the move could…
Govt Confirms Latest Taxes: Rs. 2.5 per Liter Carbon Levy & New EV Charges
Starting from July 1, 2025, a carbon levy of Rs2.50 per liter will be imposed on petroleum products. This comes as the government plans to…
