Govt cuts petrol, diesel prices by Rs1.97 per litre each Updated 04 Jul, 2026 01:03am New prices come into effect from midnight
PPP concerned over hike in Climate Support Levy Published 03 Jul, 2026 07:22am ISLAMABAD: Pakistan People’s Party (PPP) Vice President Senator Sherry Rehman expressed serious concerns over the...
Climate Support Levy increased to Rs5/litre Published 02 Jul, 2026 05:45am ISLAMABAD: The Petroleum Division on Wednesday adjusted the levies on petroleum products by reducing the Petroleum...
Petroleum pricing: Buffers beat surprises Published 30 Jun, 2026 05:08am The government’s decision to leave petroleum prices unchanged in the latest weekly review left many scratching their...
Weekly oil prices to remain unchanged Published 28 Jun, 2026 05:03am ISLAMABAD: The federal government has decided to keep petroleum prices unchanged for the upcoming week starting June...
Reflections on federal budget FY27—II Updated 26 Jun, 2026 06:31am Here, it needs to be pointed out that it is highly strange to see that the government has apparently not pursued...
From green levies to green corridors Updated 25 Jun, 2026 08:18am Pakistan’s Federal Budget FY2026–27 should not be read only as an annual statement of taxes and expenditures. The...
Pakistan’s fuel relief is real, but it’s not a reset Published 24 Jun, 2026 05:52am Petrol has fallen from Rs 415 to around Rs 299.5 a litre. That is genuine relief for Pakistani commuters, but it is...
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
Govt adjusts petroleum levy on major fuel products Published 20 Jun, 2026 06:37am ISLAMABAD: In an effort to contain rising inflation and provide relief to the general public, the federal government...
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...
Petrol price cut by Rs4, HSD’s by Rs2 Published 13 Jun, 2026 06:17am ISLAMABAD: Domestic rates of petrol and high speed diesel (HSD) have been declined in line with the drop in global...
POL products: Over Rs1.6trn budgetary target set for Petroleum Levy Updated 13 Jun, 2026 08:35am ISLAMABAD: The government has set a budgetary target of Rs 1.676.509 trillion for petroleum levy (PL) on petroleum...
The agenda of tax reforms Published 09 Jun, 2026 04:58am The previous week’s article had highlighted the key features of the tax system of Pakistan, such that strengths and...
Govt jacks up petrol PL, reduces on HSD Published 07 Jun, 2026 05:11am ISLAMABAD: In its weekly review of petroleum prices effective from June 6, 2026, the government significantly...
Small traders reject tax scheme Published 07 Jun, 2026 05:11am KARACHI: Traders have rejected as “ridiculous” and “unacceptable” the tax scheme announced by Finance Minister...
Petrol price slashed by Rs4, HSD’s unchanged Published 06 Jun, 2026 06:09am ISLAMABAD: The federal government on Friday announced an Rs 4 per litre reduction in the ex-depot price of petrol,...
Features of taxation system of Pakistan Published 02 Jun, 2026 04:58am The objective of this article is to highlight the key features of the taxation system of Pakistan, such that...
Petrol, HSD prices cut by Rs22 per litre each Published 30 May, 2026 05:48am The price cut mirrors a sharp downturn in global oil benchmarks on May 29
Govt reduces petrol, diesel prices by Rs22 per litre each Updated 29 May, 2026 08:57pm Decision taken to provide 'relief' to the public, says PM Shehbaz
Oil smuggling: a dangerous parallel market Updated 26 May, 2026 07:27am EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...
Petroleum levy rates adjusted without altering revenue target Published 24 May, 2026 02:23am ISLAMABAD: The government has maintained its overall revenue target while adjusting the petroleum levy (PL) rates....
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...
Pakistan’s petroleum revenue machine gears up Updated 20 May, 2026 05:18am Pakistan’s fiscal dependence on petroleum consumers is no longer cyclical. It is becoming structural. The latest IMF...
PSO announces major cut in jet fuel prices Updated 18 May, 2026 09:21am ISLAMABAD: Pakistan State Oil (PSO) announced a major reduction in jet fuel prices on Sunday, slashing rates by Rs...
The cost of oil Updated 18 May, 2026 07:19am The ongoing conflict between US/Israel and Iran is having negative repercussions on a scale that is unprecedented in...
The political economy of the petroleum levy Published 13 May, 2026 01:06pm When global crude fell 10% in a week, Islamabad raised the petroleum levy by 13.5%. Petrol prices are up 55.8% in 70...
IMF’s USD1.2bn tranche Updated 12 May, 2026 07:04am EDITORIAL: On 9 May, the Board of Directors of the International Monetary Fund (IMF) approved the staff level...
Senate panel informed of PL hike before IMF meeting Updated 12 May, 2026 09:20am ISLAMABAD: Pakistan fulfilled the prerequisite of increasing the petroleum levy to Rs 160 per litre ahead of the IMF...
The job and targets of the FBR Updated 11 May, 2026 07:16am The FBR faces immense pressure as war-induced disruptions and declining consumption derail tax targets, forcing a squeeze on businesses amid a fiscal crisis.
