Trends - petroleum development levy

petroleum development levy

Petroleum Development Levy: NHA to get Rs100bn for 3 Balochistan highway projects

ISLAMABAD: The National Highways Authority (NHA) will get funding of Rs 100 billion from petroleum development levy...

Updated 17 Jul, 2025 09:30am

Business & Finance

OCAC seeks SIFC intervention over petroleum levy on furnace oil

The Oil Companies Advisory Council (OCAC) has sought intervention from the Special Investment Facilitation Council...

Published 02 Jul, 2025 06:31pm

FBR seeks 18pc tax-to-GDP ratio by 2027-28

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial Tuesday said that to achieve a national...

Updated 02 Jul, 2025 11:20am

Markets

Energy ministry seeks cabinet nod for fuel levies in line with IMF commitments

The Ministry of Energy (Petroleum Division) has proposed amendments to the Petroleum Products (Petroleum Levy)...

Published 13 Jun, 2025 04:26pm

Markets

Budget FY2025-26: Pakistan govt proposes ‘Carbon Levy’ on petrol, diesel

Pakistan government imposed a new tax on the sale of petrol, diesel and furnace oil namely “Carbon Levy” at Rs2.5...

Updated 11 Jun, 2025 02:46am

Markets

IMF sees Rs215bn PDL shortfall in FY25

ISLAMABAD: The IMF has projected a shortfall of Rs 215 billion in petroleum development levy (PDL) on petroleum...

Published 19 May, 2025 06:15am

BR Research

OMCs – Fueling fragile recovery

With total petroleum sales climbing by 4 percent year-on-year to 11.77 million tons, Pakistan’s oil marketing sector...

Published 08 Apr, 2025 08:59am

March OMC sales up 5pc on price cuts MoM

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.2 million tons in March 2025, up 5 percent...

Updated 08 Apr, 2025 08:55am

Markets

Govt urged to reduce oil prices in line with global trends

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged the government to significantly...

Published 06 Apr, 2025 05:44am

BR Research

Petroleum sales roundup

Pakistan’s Oil Marketing Companies (OMCs) recorded a 4 percent year-on-year growth in total volumes for the first...

Published 16 Jan, 2025 07:34am

Markets

POL products: Dec sales up 3pc to 1.28m tons YoY

KARACHI: The sales of petroleum products in the country increased by 3.0 percent on year-on-year basis to 1.28...

Published 03 Jan, 2025 05:54am

BR Research

Petroleum sales see a respite

Petroleum consumption in the country was seen growing in September-2024 as the OMCs reported robust sales in...

Updated 04 Oct, 2024 11:13am

Markets

Govt’s petroleum development levy target for FY24 likely to be surpassed: JS Global

The government will likely surpass its Petroleum Development Levy (PDL) collection target for the current fiscal...

Updated 03 Apr, 2024 10:11pm

Markets

Govt may raise PDL on diesel to Rs60 as declining sales dent target: JS Global

The government in its bid to achieve revenue targets assigned by the International Monetary Fund (IMF) may increase...

Updated 06 Oct, 2023 11:43pm

Business & Finance

PDL data collection: FBR prescribes new GST invoice for petroleum dealers

ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed a new sales tax invoice for petroleum dealers for the...

Published 06 Sep, 2023 03:37am

Pakistan

NFC award major reason behind govt’s inability to go after untaxed sectors: economist

Dr Ashfaque Hassan Khan says Islamabad loses incentive to tax undocumented economy as it loses big chunk of additional revenue

Published 04 Sep, 2023 05:26pm

Markets

Petroleum levy at Rs60/litre: component-wise breakdown of petrol price in Pakistan

Price has increased 21% since August 1, 2023

Published 02 Sep, 2023 05:06pm

Markets

Govt projects to generate additional PDL by Rs79bn

ISLAMABAD: The federal government has projected to generate additional petroleum development levy (PDL) by Rs79...

Published 19 Jul, 2023 03:21am

Review delay throws IMF’s EFF off the track?

KARACHI: The IMF’s Extended Fund Facility (EFF) has once again fallen off track amid delays in completion of the 9th...

Updated 23 Dec, 2022 08:41am

Business & Finance

Former finance minister suggests rescheduling of external debt

KARACHI: Pakistan Tehreek-e-Insaf (PTI) economic team has suggested immediate rescheduling of entire external debt...

Updated 04 Dec, 2022 12:45pm

Pakistan

Efforts underway to improve availability of alternative fuels: minister

KARACHI: Dr Musaddik Malik, Federal Minister for Petroleum has said that LPG is the unregulated sector and the...

Published 30 Oct, 2022 03:57am

Miftah terms govt’s PDL move ‘reckless’

KARACHI: Former finance minister Miftah Ismail on Sunday termed the government’s decision not to increase the...

Updated 04 Oct, 2022 09:48am

EFF entails high fiscal risks: IMF

ISLAMABAD: The Extended Fund Facility (EFF) programme entails high fiscal risks due to the government’s ability to...

Updated 03 Sep, 2022 09:40am

Business & Finance

PL on petrol hiked Rs7.50 more than pledge to IMF

ISLAMABAD: The government had pledged to the International Monetary Fund (IMF) to increase petroleum levy on petrol...

Updated 03 Sep, 2022 12:21pm

Editorials

IMF augments the EFF

EDITORIAL: The Resident Representative of the International Monetary Fund (IMF) in Islamabad informed Business...

Published 19 Aug, 2022 05:57am

Market sentiment characterised by relative calm

KARACHI: Some sense of calm prevailed through the markets during the previous week, with the rupee registering a...

Updated 08 Aug, 2022 10:24am

Pakistan

Finance Bill 2022: amendment to increase petroleum levy adopted

National Assembly also green lights super tax, rescinds relief granted to salaried class

Updated 29 Jun, 2022 06:28pm

Supplementary LoI submitted to IMF: PL on gasoline, diesel raised as prior action for 6th review

ISLAMABAD: The government has raised the Petroleum Development Levy on gasoline and diesel by Rs 12/liter, as prior...

Updated 06 Feb, 2022 09:13am

Opinion

Bailout programme in the bag?

Excuse the stock market for not saluting the staff-level agreement with the IMF (International Monetary Fund),...

Published 24 Nov, 2021 05:18am

SBP hikes rate by 150bps to 8.75pc on inflation, BoP

Karachi: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Friday announced increase in key...

Updated 20 Nov, 2021 11:05am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	285.03
USD PKR Interbank Buying / Jul 17	284.83
USD to Japanese Yen / Jul 18	148.81
USD to Swiss Franc / Jul 18	0.80
Pound Sterling to USD / Jul 18	1.34
Euro to USD / Jul 18	1.16
UK LIBOR % / Jul 18	4.96

Stock	Volume
S&P 500 / Jul 18	6,296.79
India Sensex / Jul 18	81,757.73
Tokyo Nikkei / Jul 18	39,819.11
Nasdaq / Jul 18	20,895.66
Hang Seng / Jul 18	24,825.66
FTSE 100 / Jul 18	8,992.12
Dow Jones / Jul 18	44,342.19
Germany DAX 30 / Jul 18	24,289.51
France CAC40 / Jul 18	7,822.67

Item	Value
Crude Oil USD/Barrel / Jul 18	67.34
Karachi Cotton PKR/37.32 KG / Jul 18	16,585
Gold 10 Grams PKR / Jul 18	306,584
Gold Spot USD/Ounce / Jul 18	3,349.94
Cotton US¢/pound / Jul 18	68.68
Petrol/Litre / Jul 20	272.15
Diesel/Litre / Jul 20	284.35

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Jul 18 Kohinoor Power Company Limited(KOHP)	8.22 ▲ 1 (13.85%)
Abdullah Shah / Jul 18 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	9.41 ▲ 1 (11.89%)
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	9.64 ▲ 0.99 (11.45%)
Chenab Ltd (Pref) / Jul 18 Chenab Limited (Pref)(CLCPS)	3.67 ▲ 0.36 (10.88%)
Askari Life Assur. / Jul 18 Askari Life Assurance Company Limited(ALAC)	10.47 ▲ 1 (10.56%)
Trust Mod. / Jul 18 Trust Modaraba(TRSM)	10.72 ▲ 1 (10.29%)
Sitara Peroxide / Jul 18 Sitara Peroxide Limited(SPL)	19.46 ▲ 1.77 (10.01%)
Fateh Ind. / Jul 18 Fateh Industries Limited(FIL)	167.65 ▲ 15.24 (10%)
Bunnys Limited / Jul 18 Bunnys Limited(BNL)	120.54 ▲ 10.96 (10%)
Pakistan Services / Jul 18 Pakistan Services Limited(PSEL)	1,216.22 ▲ 110.57 (10%)

Stock	Price
B. F. Modaraba / Jul 18 B.F. Modaraba(BFMOD)	11.32 ▼ -1.26 (-10.02%)
Apna Microfin. / Jul 18 Apna Microfinance Bank Limited(AMBL)	12.49 ▼ -1.39 (-10.01%)
PIA Holding Co.B / Jul 18 PIA Holding Company Limited B(PIAHCLB)	34,461.47 ▼ -3829.05 (-10%)
Premier Insurance / Jul 18 Premier Insurance Limited(PINL)	9.88 ▼ -1.06 (-9.69%)
Pak Datacom / Jul 18 Pak Datacom Limited(PAKD)	243.21 ▼ -25.46 (-9.48%)
ICC Industries / Jul 18 ICC Industries Limited(ICCI)	13.15 ▼ -1.37 (-9.44%)
Kohat Textile / Jul 18 Kohat Textile Mills Limited(KOHTM)	63.20 ▼ -6.54 (-9.38%)
Tri-Star Mutual / Jul 18 Tri-Star Mutual Fund Limited(TSMF)	10 ▼ -1 (-9.09%)
D.M. Corporation / Jul 18 D.M. Corporation Limited(DMC)	41.01 ▼ -4.08 (-9.05%)
Suhail Jute / Jul 18 Suhail Jute Mills Limited(SUHJ)	102.70 ▼ -9.58 (-8.53%)

Stock	Volume
Pak Int.Bulk / Jul 18 Pakistan International Bulk Terminal(PIBTL)	53,113,672 ▲ 0.05
First Dawood Prop. / Jul 18 First Dawood Properties Limited(FDPL)	42,000,846 ▼ -0.07
Ghani Chemworld / Jul 18 Ghani Chemworld Limited(GCWL)	31,782,721 ▲ 0.2
K-Electric Ltd. / Jul 18 K-Electric Limited(KEL)	30,837,994 ▲ 0.04
WorldCall Telecom / Jul 18 Worldcall Telecom Limited(WTL)	20,860,330 ▼ -0.03
Askari Bank / Jul 18 Askari Bank Limited(AKBL)	19,960,215 ▲ 1.22
B.O.Punjab / Jul 18 The Bank of Punjab(BOP)	18,705,405 ▼ -0.32
Chenab Ltd / Jul 18 Chenab Limited(CHBL)	12,945,948 ▲ 0.99
DH Partners / Jul 18 DH Partners Limited(DHPL)	11,461,194 ▲ 2.41
Cnergyico PK / Jul 18 Cnergyico PK Limited(CNERGY)	11,055,462 ▼ -0.11

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