Pakistan Revenue
Islamabad, January 19, 2026 – The Government of Pakistan has launched a nationwide campaign to digitalize petrol pumps and the petroleum supply chain as part of its comprehensive reform agenda. The initiative aims to prevent fuel smuggling, eliminate illegal sales, and protect the interests of authorized dealers, according to an official statement from the Ministry […]
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Karachi, October 21, 2025 – Pakistan is on the brink of a severe fuel crisis after the Sindh government reinstated a 100% bank guarantee requirement under the Sindh Infrastructure Development Cess (IDC). The move has left several petroleum shipments stranded at Karachi ports, threatening to disrupt the nationwide fuel supply within days.
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Karachi, October 2, 2025 – Pakistan’s petroleum sector reported positive growth in the first quarter of fiscal year 2025-26 (1QFY26), with total petroleum sales climbing by 6% compared to the same period last year.
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Islamabad, September 11, 2025 – Federal Minister for Petroleum Ali Pervaiz Malik has welcomed Chevron’s $30 million investment in Pakistan oil sector, describing it as a milestone that highlights international confidence in the country’s energy market.
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Karachi, August 2, 2025 – Petroleum sales in Pakistan saw a sharp drop of 22% in July 2025 compared to the previous month, mainly due to heavy monsoon rains and rising fuel prices.
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Islamabad, June 23, 2025 – Amid rising regional tensions following the Iran-Israel conflict, the Government of Pakistan has assured the public that the country possesses ample reserves of petroleum products and there is no threat of shortage.
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Islamabad, June 16, 2025 – Pakistan has confirmed that it currently possesses sufficient stocks of petroleum products and faces no immediate risk of supply disruption, despite escalating geopolitical tensions in the Middle East (ME).
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Islamabad, May 18, 2025 — In a significant policy shift toward environmental sustainability, Pakistan is poised to impose a carbon levy in the upcoming federal budget for fiscal year 2025-26.
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Karachi, May 18, 2025 – The Federal Board of Revenue (FBR) has been strongly urged to reinstate the sales tax on petroleum products in the upcoming 2025-26 federal budget, as per detailed tax proposals submitted by the Overseas Investors Chamber of Commerce and Industry (OICCI).
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Karachi, February 9, 2025 – The collection of petroleum levy has witnessed a substantial increase, reaching Rs 549 billion during the first half (July – December) of the current fiscal year, according to data released by the Ministry of Finance.
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