Islamabad, August 5, 2025 – The Ministry of Finance has announced that the federal government collected a record-breaking Rs1.22 trillion through the petroleum levy during the fiscal year 2024-25, marking a 20% increase compared to Rs1.02 trillion in the previous year.
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Pakistan Abolishes Carbon Levy
The Government of Pakistan has officially replaced the carbon levy with a newly introduced Climate Support Levy, effective from July 1, 2025.
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Pakistan enforces climate support levy from July 1, 2025
Islamabad, June 28, 2025 — In a major step toward sustainable fiscal and environmental reforms, the government of Pakistan has officially enforced the Climate Support Levy from July 1, 2025.
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Senators disapprove carbon levy proposed in Finance Bill 2025
Islamabad, June 20, 2025 – A storm is brewing in Pakistan’s Parliament as lawmakers in the Senate have strongly opposed the proposed carbon levy included in the Finance Bill 2025-26.
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Government gains power to impose unlimited petroleum levy
Islamabad, June 12, 2025 – Brace yourselves, Pakistan! A storm is brewing at the fuel pump as the government has now armed itself with unrestricted power to impose unlimited petroleum levy on fuel products.
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Govt sets Rs1.47 trillion petroleum levy target FY26
In a major revenue-generating initiative, the federal government has set a target of Rs1.47 trillion in petroleum levy collection for the upcoming fiscal year 2025-26, reflecting a sharp 26.4% increase compared to revised estimates of the current fiscal year. This aggressive approach is outlined in the Finance Bill 2025-26 and underscores the government’s reliance on non-divisible revenue sources to meet fiscal targets.
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Pakistan introduces carbon levy at Rs2.50 per liter for FY26
Islamabad, June 10, 2025 – In a landmark move toward environmental sustainability and fiscal reform, the Government of Pakistan has officially introduced a carbon levy on petroleum products for the first time in its history.
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Pakistan to raise petroleum levy to Rs100 per liter: report
Islamabad, May 20, 2025 — In a move set to impact fuel prices nationwide, Pakistan is preparing to hike the petroleum levy to Rs100 per liter starting July 2025, according to a report published by The News.
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Petroleum levy yields Rs834 billion for government in 9MFY25
Islamabad, May 10, 2025 – The federal government has reported a substantial increase in revenue collected from the petroleum levy, reaching a total of Rs834 billion during the first nine months (July–March) of the current fiscal year, according to official data released by the Ministry of Finance.
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Government eyes Rs90 billion windfall via hike in petroleum levy
Islamabad: The federal government is set to generate an additional Rs90 billion in revenue during the final three and a half months of the current fiscal year by significantly raising the petroleum levy on key fuel products.
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