Islamabad, November 27, 2025: The government has collected over Rs66 billion through the recent increase in the petroleum levy (PL), the Senate was informed on Thursday, amid questions on why fuel prices have not dropped despite a fall in global oil rates.
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Pakistan collects Rs10 billion in carbon levy for Q1FY26
Islamabad, November 10, 2025 – Pakistan’s federal government has generated over Rs10 billion in revenue under the newly introduced ‘carbon levy’ during the first quarter (July–September) of the fiscal year 2025-26, according to official data released by the Ministry of Finance.
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Petroleum Levy Continues to Squeeze Citizens Under Five-Year IMF-Backed Plan
Islamabad, November 7, 2025 — Pakistanis are bracing for yet another financial hit as the federal government plans a sharp increase in the petroleum levy over the next five years — a move designed to meet IMF-backed revenue targets but likely to further strain consumers already battling inflation.
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Govt. collects Rs1.22 trillion in petroleum levy for FY25
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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