Pakistan Revenue
Karachi, July 21, 2023 – In a move that will likely cause widespread inconvenience to citizens and businesses alike, the Pakistan Petroleum Dealers Association (PPDA) has declared an indefinite shutdown of petrol stations across the country beginning on Saturday, July 22, 2023.
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Karachi, July 1, 2023: In a move that has disappointed the public during Eid ul Azha, the Pakistan government has decided to increase the levy on petrol to Rs55, instead of providing relief on petroleum prices. The decision, announced by Finance Minister Ishaq Dar, came into effect on July 1, 2023.
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Pakistan is contemplating a potential restriction on cash payments for fuel purchases at petrol pumps as part of an effort to promote digitalization and curb financial irregularities.
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As of April 28, 2023, the prices of petroleum products in Pakistan are as follows: MS (Petrol) – Rs282 per liter, High Speed Diesel Oil (HSD) – Rs293 per liter, Kerosene (SKO) – Rs186.07 per liter, and Light Diesel Oil (LDO) – Rs174.68 per liter.
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KARACHI: Pakistan has prepared working for provide low-priced petrol to lower-income group of the society, a minister said on Wednesday.
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ISLAMABAD: Pakistan on Wednesday kept the prices of petrol and high speed diesel (HSD) for next fortnight starting December 01, 2022. However, the prices of kerosene oil and light speed diesel (LDO) reduced by Rs10 per liter and Rs7.5 per liter, respectively. READ MORE: Pakistan to decide petroleum prices effective from December 01, 2022 Finance […]
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ISLAMABAD: Pakistan likely to impose tax on petroleum products to avert imminent shortfall in revenue collection. Reports suggested that the Federal Board of Revenue (FBR) – the apex tax collecting agency of the country – is anticipating massive revenue shortfall in coming months due to no tax on petroleum products besides slowdown in economic activity. […]
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The prices of petroleum products in Pakistan will go up with the imposition of sales tax, which presently at zero per cent. Analysts AKD Research Tuesday stated that with the IMF consistently conveying concerns over possible shortfall on account of petroleum development levy (PDL), the government is looking towards a contingency plan by taking up […]
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ISLAMABAD: Pakistan has sufficient stock of fuel to meet the domestic requirement of the country, an official statement said on Tuesday. The statement has clarified the news reports circulated regarding fuel shortage. It said the reports are baseless and contrary to facts. On November 7, 2022 the petrol stocks are around 550,000 Metric Tons which […]
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ISLAMABAD: The government of Pakistan on Monday decided to keep the petroleum prices unchanged for next fortnight starting from November 01, 2022. Finance Minister Ishaq Dar announced the decision to keep the prices unchanged for next 15 days. “The government has decided to keep the prices of Petrol, High Speed Diesel, Light Diesel, and Kerosene […]
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