Pakistan Revenue
ISLAMABAD: The federal government has announced a reduction of sales tax rate by 31.5 per cent on supply of High Speed Diesel (HSD). The rate sales tax on HSD has been reduced in order to lower the impact of higher prices pass on to the consumer. The Federal Board of Revenue (FBR) issued SRO 1225(I)/2021 […]
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ISLAMABAD: The price of motor spirit (petrol) has been increased to all-time high at Rs123.30 per liter and will take effect from September 16, 2021. The Finance Division on Wednesday issued the rates of petroleum products for the next fortnight. The government has increased the prices of all petroleum products for the next 15 days. […]
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ISLAMABAD: The federal government on Tuesday announced a reduction in prices of all petroleum products for next fortnight. A statement issued by the Finance Division the new reduced prices will take effect from September 01, 2021. According to the notification the price of petrol has been reduced by Rs1.50 to Rs118.30 per liter from Rs119.80. […]
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ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday reduced rate of sales tax on supply of petrol (Motor Spirit). The revenue body issued SRO 1072(I)/2021 to make change in sales tax rate on supply of petrol. According to the notification the sales tax rate on supply of petrol has been reduced to 10.54 per […]
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ISLAMABAD: Federal Board of Revenue (FBR) has announced reduction in sales tax rates on supply of petroleum products in order to ensure availability of fuel at lower rates. The FBR issued SRO 807(I)/2021 dated June 26, 2021 for notifying the reduction in sales tax on petroleum products. According to the SRO the sales tax rate […]
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KARACHI: The sales of petroleum products have sharply increased by 26 percent in February 2021 as compared with same month of the last year owing to higher economic activities after reduction in coronavirus cases. The sales of Oil Marketing Companies (OMCs) were recorded at 1.4 million tons in February 2021 as compared with 1.11 million […]
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KARACHI: The sales of petroleum products have posted a 9 percent growth during the first seven months of the current fiscal year mainly due to increasing economic activities and trade. The sales of oil market companies (OMCs) increased to 11,269,000 tons during July – January of 2020/2021 as compared with 10,309,000 tons in the corresponding […]
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Islamabad: The government on Friday announced increase in prices of petroleum products for next fortnight and fixed Rs109.20 for per liter petrol, a statement said. The new prices will be implemented with effect from January 16, 2021. The price of petrol has been increased by Rs3.2 per litter to Rs109.20 from previous rate of Rs106. […]
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Islamabad: Pakistan Customs with the assistance of law enforcement agencies has sealed around 609 illegal pumps selling smuggled petroleum products. Besides, around 4.5 million liters of smuggled petrol and diesel have also seized during the operation, a statement issued by the PM office said on Friday. The authorities have initiated crackdown against the illegal fuel […]
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ISLAMABAD: The customs authorities, in collaboration with other law enforcement agencies, have sealed approximately 192 illegal fuel stations selling smuggled petroleum products, the federal cabinet was informed on Tuesday.
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