Govt cuts petrol, diesel prices by Rs1.97 per litre each Updated 04 Jul, 2026 01:03am New prices come into effect from midnight
Customs achieves Rs467bn revenue in June Published 02 Jul, 2026 06:59am ISLAMABAD: Pakistan Customs has demonstrated exceptional performance in revenue collection for the month of June...
NA panel calls for action against defaulting OMCs on levy payments Published 20 Jun, 2026 10:02pm Pakistan govt has set Rs1.677trn target in petroleum levy in FY2026-27
PRAC welcomes targeted relief measures Published 16 Jun, 2026 04:12am KARACHI: The Policy Research and Advisory Council (PRAC) has acknowledged several progressive measures in the...
Petroleum Levy target looks easily achievable Published 15 Jun, 2026 02:32am The FY27 budget leaves little room for ambiguity. In line with IMF expectations, the government has pencilled in...
The petroleum question: putting the levy story in context Updated 09 Jun, 2026 05:25am Few line items in any Pakistani budget generate as much heat as the petroleum levy. The numbers are read at the...
Petroleum levy should not be a fiscal tool, says forum Published 21 May, 2026 11:14pm The Parliamentary Forum on Energy and Economy on Thursday warned that steep increases in the Petroleum Development...
Petrol & diesel: Petroleum Levy hiked to meet IMF ‘terms’ Updated 10 May, 2026 09:33am Fuel prices surged by up to Rs 15 per litre as Pakistan increases petroleum levies to satisfy IMF demands, intensifying inflationary pressures
Strategic petroleum reserves in Pakistan: between necessity and public accountability Published 09 May, 2026 07:44pm Pakistan’s renewed debate on establishing strategic petroleum reserves (SPR) reflects a growing realisation that...
FBR to collect CSL, PDL as ministry’s agent Updated 06 May, 2026 08:53am ISLAMABAD: The Federal Board of Revenue (FBR) will work as an agent to collect Climate Support Levy (CSL) and...
Apr sale of OMCs drops 6pc MoM Updated 05 May, 2026 09:05am ISLAMABAD: The overall sale of petroleum products fell in April 2026 following an exorbitant hike in prices due to...
POL price hike to push up cost of production manifold: traders Updated 26 Apr, 2026 01:47pm KARACHI: Businessmen and industrialists criticised the government for the soaring prices of petrol and diesel in an...
FPCCI welcomes reduction in HSD price Published 12 Apr, 2026 05:10am KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...
‘Much-needed breather’, FPCCI welcomes reduction in petrol, diesel rates Updated 11 Apr, 2026 05:52pm President says reduction in petrol prices will provide supplementary relief across the supply chain
Govt may raise PL amid falling global oil prices Updated 09 Apr, 2026 08:52am ISLAMABAD: Concerns over rising revenue shortfall - Rs 610 billion by the Federal Board of Revenue (July-March) with...
FPCCI chief seeks safety net for export sectors Published 05 Apr, 2026 02:32am KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has...
FPCCI dismayed over unprecedented increase in POL prices Published 04 Apr, 2026 06:16am KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has...
PM Shehbaz cuts petrol levy by Rs80, says price will drop to Rs378 per litre Updated 04 Apr, 2026 12:28am New price come into effect from midnight
Record fuel price surge sparks widespread discontent in Pakistan Updated 03 Apr, 2026 12:23pm Pakistan recorded an unprecedented increase in fuel prices on Thursday, marking a critical point in the country’s...
Pakistan govt hikes petrol price to Rs458, diesel to Rs520 per litre Updated 02 Apr, 2026 11:56pm Decision comes in line with rising international rates
OMC sales surge in Pakistan, but ME tensions could test demand Published 02 Apr, 2026 12:38pm On a monthly basis, the OMC sales were up by 13%
APTMA urges Jam to take steps to safeguard export sector Published 05 Mar, 2026 05:31am ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has urged Commerce Minister Jam Kamal to take...
PBF assails ‘high’ petroleum prices in country Published 26 Jan, 2026 09:09am KARACHI: The Pakistan Business Forum (PBF) expresses grave concern over the persistently high petroleum prices in...
BR RESEARCH: OMC sales signal recovery with some friction Updated 08 Jan, 2026 07:24am Pakistan’s oil marketing companies recorded a mixed performance in December 2025, with headline volumes improving...
2025-26: IMF projects Rs157bn shortfall in budgeted PDL Published 13 Dec, 2025 03:33am ISLAMABAD: The IMF has projected a shortfall of Rs 157 billion in the budgeted petroleum development levy (PDL) for...
BR RESEARCH: Petroleum demand stays soft Updated 03 Dec, 2025 08:28am Oil Marketing Company (OMC) sales recorded a pronounced slowdown in Nov-25, with total industry offtake falling 10...
Petroleum Development Levy: NHA to get Rs100bn for 3 Balochistan highway projects Updated 17 Jul, 2025 09:30am ISLAMABAD: The National Highways Authority (NHA) will get funding of Rs 100 billion from petroleum development levy...
OCAC seeks SIFC intervention over petroleum levy on furnace oil Published 02 Jul, 2025 06:31pm The Oil Companies Advisory Council (OCAC) has sought intervention from the Special Investment Facilitation Council...
FBR seeks 18pc tax-to-GDP ratio by 2027-28 Updated 02 Jul, 2025 11:20am ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial Tuesday said that to achieve a national...
Energy ministry seeks cabinet nod for fuel levies in line with IMF commitments Published 13 Jun, 2025 04:26pm The Ministry of Energy (Petroleum Division) has proposed amendments to the Petroleum Products (Petroleum Levy)...
