Pakistan Revenue
This tag provides stories related to petroleum. Pakistan Revenue is committed to provide updated petroleum prices to readers when updated. Petroleum prices are very important for all segments of socity.
Islamabad, February 12, 2026 – The Directorate General of Petroleum Concessions (DGPC) has launched regulatory proceedings against three exploration and production companies over alleged violations of petroleum rules, Parliamentary Secretary for Energy (Petroleum Division) Mian Khan Bugti informed the National Assembly on Thursday.
Continue Reading
Karachi, July 7, 2024 – Pakistan’s petroleum dealers have successfully convinced the government to reverse a new tax regulation after arguing it amounted to double taxation.
Continue Reading
Karachi, July 5, 2024 – Pakistan witnessed a patchy petrol pump strike on Friday as the Pakistan Petroleum Dealers Association (PPDA) remained split over a call to protest a new 0.5% turnover tax imposed in the recent federal budget.
Continue Reading
Islamabad: In a bid to tackle the persistent dry outs in the petroleum sector, the government of Pakistan has unveiled a new policy known as the “bonded warehouse.”
Continue Reading
Following the last update on May 1, the daily petroleum prices in Pakistan for May 2023 have remained unchanged, offering stability to consumers. The current prices will be effective until May 15, 2023.
Continue Reading
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. […]
Continue Reading
KARACHI: Mari Petroleum Company Limited (MPCL) on Thursday declared over Rs33 billion after tax profit for the fiscal year 2021/2022. According to annual financial results submitted to the Pakistan Stock Exchange (PSX), the net profit of the company increased by 5.15 per cent when compared with Rs31.44 billion in the preceding fiscal year. The company […]
Continue Reading
ISLAMABAD: The chairman of Pakistan Tehreek-e-Insaf (PTI), Imran Khan on Monday demanded the present coalition government to reduce the petroleum prices drastically. In a public address on Monday, after securing landslide victory in by-election, Imran Khan demanded the government to cut off petrol prices because the oil prices in the international market has been reduced […]
Continue Reading
KARACHI: Pakistan Petroleum Dealers Association (PPDA) on Sunday decided to call of shut down strike scheduled for July 18, 2022 on government’s assurance to increase the dealers’ margin. PPDA on July 02, 2022 announced a complete shutdown of petrol pumps from July 18, 2022 in protest of rise in cost of doing business and falling […]
Continue Reading
KARACHI: Pakistan Petroleum Dealers Association (PPDA) on Saturday announced a complete shutdown of petrol pumps from July 18, 2022 in protest of rise in cost of doing business and falling dealers margin. READ MORE: NA approves levy on petroleum products up to Rs50/liter Abdul Sami Khan, Chairman, PPDA at a meeting discussed the current dealers […]
Continue Reading