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World

Web Desk
Apr 15, 2025

Petrol prices falling, but no relief for public, says PM

The government did the same in March as it deprived the public of relief by increasing the petroleum levy.

Pakistan

Web Desk
Mar 29, 2025

Petrol price slashed in Pakistan – but read the details!

Business

Web Desk
Mar 18, 2025

Govt to generate more revenue by increasing petroleum levy to Rs70 per litre

The government anticipates earning more revenue between 15 and 31 March by increasing the petroleum levy on petrol and diesel.

Business

Web Desk Karachi
Mar 12, 2025

Government eyes petroleum, carbon levy hikes amid fiscal challenges

According to existing laws, the petroleum levy on high-speed diesel and petrol can be augmented up to Rs70 per litre. A proposed increase of Rs10 per litre could generate an additional Rs15 billion monthly for the government,

Business

Web Desk Karachi
Feb 10, 2025

Government expected to increase petroleum levy to meet Rs1281 billion target

The petroleum levy collection has risen by Rs76.67 billion year-on-year from July to December 2024-25, compared to Rs472.77 billion in the same period of the previous fiscal year.

Pakistan

Web Desk
Nov 12, 2024

Petrol, diesel prices likely to go up as IMF recommends GST, levy hike

Pakistan

Web Desk
Aug 29, 2024

Petrol price to drop Rs2.97 per litre from September

The government has estimated a reduction of Rs2.97 per litre for petrol, and Rs2.31 per litre for diesel.

Pakistan

Web Desk
Jul 13, 2024

Petrol prices likely to rise from July 16

After implementation of the new prices, the per liter price of petrol will become Rs273.29 and the price of diesel will become Rs281.17 per liter.

Pakistan

Hum News
Jun 30, 2024

No increase in petroleum levy: finance minister

Finance Minister Muhammad Aurangzeb announced on Sunday that there would be no increase in the Petroleum Development Levy.

Business

Web Desk
Jun 15, 2024

Senate proposes massive increase in petroleum levy on high octane fuel

The Senate Standing Committee on Finance and Revenue has proposed a significant hike in the petroleum development levy (PDL) on high octane fuel, recommending an increase to Rs100 per litre.