Trends - petroleum levy - Business Recorder

petroleum levy

IMF asks govt how it will fund subsidy package

ISLAMABAD: Finance Minister Shaukat Tarin said on Sunday the International Monetary Fund (IMF) has sought more...

Updated 21 Mar, 2022 05:00pm

7th review of EFF: Policy-level talks with IMF likely on Monday

Prime Minister’s relief package on petrol and diesel as well as tax amnesty scheme for the industrial sector remain focus of discussion

Updated 12 Mar, 2022 12:58pm

Opinion

PARTLY FACETIOUS: There’s always bad with the good

“So what’s with this hype about vote of no-confidence?” “Why don’t you just enjoy its fallout.”...

Published 05 Mar, 2022 04:10am

Cut in POL products’ prices: Govt to bear over Rs70bn monthly loss

ISLAMABAD: Federal Government on Monday announced to reduce the prices of petrol and High Speed Diesel (HSD) by Rs ...

Updated 01 Mar, 2022 09:46am

BR Research

The much awaited review

Finally, the IMF review is done, and the country report is out. The tone of the report is critical on the government...

Published 07 Feb, 2022 08:05am

Editorials

The IMF tranche

EDITORIAL: As expected the International Monetary Fund’s (IMF’s) Board of Directors approved the release of the...

Published 07 Feb, 2022 05:22am

BR Research

Petroleum revenues

The crude oil respite has so far appeared short-lived, putting the government in a tight spot again, in terms of the...

Published 07 Jan, 2022 08:03am

Govt misses petroleum levy target

ISLAMABAD: The federal government has been able to generate only seven percent of petroleum levy (PL) in the first...

Updated 24 Dec, 2021 09:44am

Govt decides to slash prices of POL products

ISLAMABAD: The federal government has announced on Wednesday to slash the prices of petroleum products up to Rs7.01...

Updated 16 Dec, 2021 10:43am

Editorials

Inflation: the govt’s narrative

EDITORIAL: The government’s narrative on the reasons for inflation focus entirely on external factors: the ...

Published 09 Dec, 2021 04:29am

PM orders half-yearly price projections for fuel, power

Instructions issued to the Ministry of Energy at a time when it is under harsh criticism for not procuring RLNG

Updated 29 Nov, 2021 12:31pm

PL target revised downward

ISLAMABAD: The federal government has revised downward petroleum levy (PL) target for current financial year by 49.8...

Updated 27 Nov, 2021 12:34pm

BR Research

Petrol: Tax tanks to all-time low

The Petroleum Differential Claim (PDC) lasted four days, before the government rushed to increase prices. Come...

Published 17 Nov, 2021 07:54am

Editorials

Inflation

EDITORIAL: The Sensitive Price Index (SPI) for the week ending 4 November 2021 registered a rise of 0.67 percent as...

Updated 10 Nov, 2021 09:53am

Editorials

PM's package lacking economic logic

EDITORIAL: The much trumpeted relief package announced by Prime Minister Imran Khan on Wednesday in a televised...

Updated 05 Nov, 2021 08:58am

Rs203bn shortfall: Govt will have to raise petroleum levy to Rs30?

ISLAMABAD: The federal government will have to raise the petroleum levy (PL) to Rs 30 per litre, the maximum levy...

Updated 05 Nov, 2021 04:07pm

July-October: Govt suffers around Rs203bn revenue loss on PL, GST

ISLAMABAD: Federal government has suffered a cumulative revenue loss of around Rs 203 billion on account of ...

Updated 02 Nov, 2021 09:46am

Ogra works out another hike in POL products

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has worked out another increase in the ex-depot prices of...

Updated 15 Oct, 2021 10:38am

BR Research

Petroleum taxes: The forgone quarter

The quarter ending September 2021 saw the tax incidence on petrol and diesel at the lowest in almost seven years....

Published 07 Oct, 2021 07:25am

BR Research

Petrol pricing: It’s 2021, get it right

For the umpteenth time, the petrol price revision led to quite a storm. Apart from the usual banter on the...

Published 21 Sep, 2021 07:30am

Govt may amend 2nd schedule of petroleum levy ordinance

ISLAMABAD: The Federal Government is likely to amend Second Schedule of Petroleum Products (Petroleum Levy)...

Updated 15 Sep, 2021 10:14am

BR Research

Petrol: Relief continues

In an environment where deputy commissioners will be controlling prices of essential and non-essential items,...

Published 03 Sep, 2021 07:25am

BR Research

Petroleum pricing getting tougher

It was only going to be a matter of time before the axe fell on GST, after Petroleum Levy left no room to be further...

Published 28 Jul, 2021 07:25am

BR Research

FY21: Record petroleum taxes

Save a numbers’ jugglery, the Petroleum Levy (PL) collection for FY21 would be a maximum of Rs420 billion, now ...

Published 07 Jul, 2021 08:14am

BR Research

Petroleum Levy reaches ground zero

The news channels continued the tried and tested “petrol bomb” headlines, when in fact 1.8 percent increase in...

Published 02 Jul, 2021 07:30am

BR Research

Petroleum pricing: Give it a chance

There was more evidence on display earlier this week, how limited is the government’s ability to increase ...

Published 18 Jun, 2021 07:35am

BR Research

PL target borders on the impossible

Crude oil averaged $66/bbl in the second half of FY21. The Petroleum Levy averaged Rs14/ltr during that period. The...

Published 14 Jun, 2021 07:25am

Business & Finance

Federal budget 2021-22: Proposed reliance on PL to be raised by 22pc

ISLAMABAD: Reliance on petroleum levy (PL) has been proposed to be raised by 22 percent in federal budget 2021-22...

Published 12 Jun, 2021 05:04am

BR Research

Petroleum Sensitivity: Getting tougher

As international crude oil prices have started to rise and calls for Brent at $100/bbl are being heard, panic must ...

Published 08 Jun, 2021 07:30am

BR Research

Oily slope

All the international commodities are having a bull run. Oil is no exception and is the most critical commodity...

Published 07 Jun, 2021 07:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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