Trends - petroleum levy - Business Recorder

petroleum levy

Up to Rs14 cut in ex-depot fuel prices likely

ISLAMABAD: Federal government may announce a substantial reduction in ex-depot fuel prices up to Rs14 per litre ...

Updated 30 Mar, 2023 08:31am

Business & Finance

Ogra convenes meeting on exchange rate mechanism

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has convened a meeting to brief and align all the ...

Published 18 Mar, 2023 06:14am

Fuel prices increased

ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ...

Updated 16 Mar, 2023 09:59am

PL on HSD to go up by Rs5/litre

ISLAMABAD: The federal government is most likely to increase the petroleum levy (PL) on high-speed diesel (HSD) by...

Updated 15 Mar, 2023 08:50am

PL: Govt projects Rs175bn revenue shortfall

The government expected to raise rate of PL on high-speed diesel by Rs 5 to Rs 50 per litre

Updated 04 Mar, 2023 09:03am

Business & Finance

Petrol price reduced by Rs5; diesel’s remains unchanged

ISLAMABAD: Federal government on Tuesday has announced to roll back per litre ex-depot price of petrol by Rs 5 per...

Published 01 Mar, 2023 06:21am

First half of March: Fuel prices may be kept unchanged by adjusting PL

ISLAMABAD: The federal government may keep the prices of fuel unchanged in the first half of March (1-15) by...

Updated 28 Feb, 2023 09:35am

Business & Finance

Low-income segment to remain largely unaffected from gas tariff hike: Musadik Malik

Says government tried its best not to impose burden on low-income segment

Published 17 Feb, 2023 02:24pm

Rs9.92/litre on petrol, Rs13.12 on HSD: PSO allowed exchange rate adjustment

ISLAMABAD: The federal government allowed the Pakistan State Oil (PSO) an exchange rate adjustment of Rs9.92 per...

Updated 17 Feb, 2023 08:47am

Opinion

PARTLY FACETIOUS: Our people are innovative

“No one here but us chickens.” “What?” “The economic gurus were silent and got a civil servant to inform...

Published 11 Feb, 2023 05:57am

PL on POL products target: IMF-govt talks hamstrung by disconnect

Final figure of actual petroleum levy collection on POL products in the first half of financial year will be released in the current month

Updated 08 Feb, 2023 09:17am

Business & Finance

PKR slide likely to fuel inflation in a big way

ISLAMABAD: The depreciation of Pak rupee by 13.5 percent by Friday in the interbank rate will raise inflation to 35...

Updated 30 Jan, 2023 09:26am

Business & Finance

POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre

ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum...

Updated 25 Jan, 2023 08:56am

Editorials

We’re not acting prudently, so to speak

EDITORIAL: The Sensitive Price Index (SPI) for the week ending 12 January 2023 rose by 31.75 percent year-on-year...

Published 17 Jan, 2023 06:02am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

Markets

Oil prices may be kept unchanged

ISLAMABAD: Based on the existing petroleum levy (PL) and general sales tax (GST) on petroleum products, an estimated...

Published 14 Jan, 2023 06:22am

BR Research

Petroleum Levy: Target still out of reach

As Pakistan eagerly awaits the delayed IMF review, it is almost certain that it won’t come without the authorities...

Published 10 Jan, 2023 08:42am

Petroleum levy on HSD hiked

ISLAMABAD: After maxing out on the legislated petroleum levy on petrol at 50 rupees per litre effective 1 November,...

Updated 03 Jan, 2023 09:04am

POL products’ prices kept unchanged

ISLAMABAD: Finance Minister Ishaq Dar has announced that the government has decided to maintain the existing prices...

Updated 01 Jan, 2023 10:07am

Business & Finance

POL products: Govt may keep ex-depot prices at current level for H1

ISLAMABAD: The federal government may announce to keep the ex-depot prices of petrol and high-speed diesel (HSD) at...

Updated 31 Dec, 2022 11:41am

Editorials

The revenue shortfall

EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ...

Published 19 Dec, 2022 06:00am

Business & Finance

Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target

ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ...

Updated 17 Dec, 2022 10:04am

Opinion

‘Shortfall in revenues’

That noted economist Dr Hafiz A Pasha could turn any dry and drab talk into an erudite discussion is a fact. His...

Published 15 Dec, 2022 06:58am

Business & Finance

Experts see significant cut in prices of petrol, diesel

ISLAMABAD: The price of petrol is likely to go down significantly in the range of Rs10.11 per litre while the price...

Published 15 Dec, 2022 06:00am

Revenue shortfall necessitates steps agreed with IMF?

ISLAMABAD: Contingency tax measures as agreed with the International Monetary Fund under seventh and eighth reviews...

Updated 14 Dec, 2022 09:51am

HSD, SKO & LDO: PL increased to generate Rs36.199bn

ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent...

Updated 02 Dec, 2022 09:45am

Business & Finance

LPG price up by Rs11.7/kg for Dec

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of Liquefied Petroleum Gas (LPG) by...

Updated 02 Dec, 2022 09:49am

BR Research

Petroleum pricing: Tough times ahead

As international crude oil prices gained momentum in the first two weeks of November, observers in Pakistan expected...

Published 17 Nov, 2022 07:44am

POL rates: anomalies in notification?

ISLAMABAD: The notification issued by the Ministry of Energy on the morning of 16th November for effective POL rates...

Updated 17 Nov, 2022 09:28am

Opinion

Unrealistic budget of 2022-23

The budget of 2022-23 has been framed with agreement of the IMF (International Monetary Fund) as part of the ongoing...

Published 15 Nov, 2022 05:52am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

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