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: The government has estimated a collection of Rs750 billion as petroleum levy during next fiscal year 2022/2023. It is worth mentioning that the previous PTI government had not imposed a petroleum levy in order to provide petroleum products at cheaper rates. READ MORE: FBR assigned tax collection target of Rs7 trillion in 2022/2023 However, […]
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ISLAMABAD: Prime Minister Imran Khan has said that the government is working on a new petroleum policy, which will offer incentives to foreign exploration and production (E&P) companies. The prime minister said this at a meeting with Chief Executive Officer Kuwait Petroleum Shaikh Nawaf Saud Al-Sabah, along with his delegation, which called on Prime Minister […]
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KARACHI: The income tax law has explained separately for computation of profits and gains from exploration and production of petroleum in Pakistan.
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