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Tag: subsidy

Petrol pumps filling

Punjab Launches Mobile Phone App for Fuel Subsidy

April 3, 2026April 3, 2026Hamza Shahnawaz

The Punjab government has launched a mobile phone application aimed at providing fuel subsidies to motorbike owners across the province, offering relief after Pakistan witnessed one of the biggest petroleum price hikes in its history.

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Petroleum Prices in Pakistan increase decrease

Pakistan Slashes Petroleum Subsidy by 47% for FY24, Impacting Business and Industry

June 18, 2023June 18, 2023Shahnawaz Akhter

Islamabad, June 18, 2023: Pakistan has taken significant measures to reduce its petroleum subsidy by 47 percent for the upcoming fiscal year 2023-24, according to official budget documents released recently.

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petroleum

Govt. decides to continue subsidy on petroleum prices

May 16, 2022May 16, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The coalition government led by PML-N has decided to continue the subsidy on prices of petroleum products in order to prevent people from high prices. Finance Minister Miftah Ismail on Sunday May 15, 2022 announced to maintain the prices of petroleum products at the same level, which were announced by the previous PTI government. […]

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Recent Posts

  • FBR waives late return surcharge for individuals filing special undertaking July 1, 2026
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty July 1, 2026
  • SBP to share high-risk banking data with FBR July 1, 2026
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data July 1, 2026
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles July 1, 2026

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  • FBR waives late return surcharge for individuals filing special undertaking
  • Finance Act 2026 cracks down on fake tax credit claims with 100% penalty
  • SBP to share high-risk banking data with FBR
  • Finance Act, 2026 empowers FBR with direct access to high-value bank account data
  • FBR imposes additional 30% regulatory duty on commercial imports of used vehicles
  • FBR notifies revised regulatory duty rates for FY2026-27 imports
  • FBR notifies new additional customs duty rates for FY2026-27 imports
  • FBR notifies procedure for collection of special excise duty on imported goods
  • FBR achieves historic Rs13 trillion annual tax collection milestone in FY2025-26
  • MTO Karachi posts record Rs42.21bn tax collection in June 2026
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