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All Stories: Petroleum Levy

Petroleum levy likely to increase in Budget 2024

ISLAMABAD: Consumers are likely to be taken for a costly ride in 2024-25 as the federal government is considering a significant increase in the...

Govt collects ‘historic’ petroleum levy during ongoing FY

ISLAMABAD: The Federal government has collected a ‘historic’ petroleum levy from citizens during the first nine months of the current fiscal (2023-24) year with...

Over Rs472b collected under petroleum levy in six months

ISLAMABAD: The federal government has collected more than Rs472 billion in petroleum levy in first six months of the current fiscal year and committed...

Pakistan shares collection plan with IMF under petroleum levy

ISLAMABAD: The Pakistan government has shared a plan with the International Monetary Fund (IMF) for the collection of taxes on account of petroleum levy.  According...

Pakistan ‘assures’ IMF to increase petroleum levy

ISLAMABAD: Pakistan has reportedly assured the International Monetary Fund (IMF) to increase petroleum levy in FY2024-25 as Islamabad is planning to take a fresh...

‘IMF-Pakistan to discuss petroleum levy on November 30’

ISLAMABAD: The International Monetary Fund (IMF) team has sought a meeting with Pakistan's petroleum division officials to 'review' steps taken under the petroleum levy...

PAK-IMF agreement: Govt expected to raise petroleum levy

The government of Pakistan is likely to impose additional burden on citizens by raising petroleum levy to fulfill International Monetary Fund (IMF) terms, ARY...

Govt increases petroleum levy to placate IMF

ISLAMABAD: The federal government on Sunday increased the Petroleum Development Levy (PDL) to Rs 60 on petroleum products to fulfil International Monetary Fund (IMF)...

Govt to increase petroleum levy to Rs 60 on IMF demand

ISLAMABAD: The federal government is likely to increase the Petroleum Development Levy (PDL) to Rs 60 to fulfil International Monetary Fund (IMF) demand, ARY...

Govt likely to increase petroleum levy on IMF demand

ISLAMABAD: The federal government is considering increasing the levy on all petroleum products to fulfil another demand that the International Monetary Fund (IMF) set...

Govt increases petroleum levy on diesel by Rs5/litre

ISLAMABAD: The federal government has raised the Petroleum Development Levy (PDL) on high-speed diesel (HSD) by Rs5 per litre, ARY News reported Wednesday, citing...

IMF seeks increase in petroleum development levy

ISLAMABAD: The International Monetary Fund (IMF) has demanded of Pakistan to jack up the petroleum development levy to meet the target of Rs855 billion...

Govt increases petroleum levy on diesel

ISLAMABAD: The federal government has raised the Petroleum Development Levy (PDL) on high-speed diesel (HSD) by Rs7.50 per litre, ARY News reported on Sunday...

IMF target: Govt jacks up levy on diesel to Rs35/litre

ISLAMABAD: Acting on the International Monetary Fund's (IMF) demand, the federal government jacked up the levy on diesel to Rs35/litre, ARY News reported on...

IMF ‘dissatisfied’ with Ishaq Dar, seeks increase in petroleum levy

ISLAMABAD: 'Dissatisfied' with Finance Minister Ishaq Dar, the International Monetary Fund (IMF) has asked Pakistan to jack up the levy on diesel, ARY News...

ECC approves raising petroleum levy to Rs50 under IMF conditions

The Economic Coordination Committee (ECC) of the federal cabinet has approved increasing the levy on petroleum products as required by the IMF deal, ARY...

Petroleum levy claims possible Rs14.84 relief to public

The federal government, in their bi-monthly price fuel adjustment, maintained the current fuel prices by adjusting the possible relief of Rs14.84 into the petroleum...

Govt increases petroleum levy on diesel

ISLAMABAD: The federal government has increased the petroleum levy on high-speed diesel (HSD) by eight paisas per litre a day after increasing prices of...

Levy on petrol hiked to Rs37.50 per litre

ISLAMABAD: The government has hiked levy on petrol to Rs37.50 per litre after Finance Minister Miftah Ismail announced to increase fuel prices by Rs10...

Pakistan assures IMF to increase petroleum levy by Rs50/litre

ISLAMABAD: Pakistan has assured the International Monetary Fund (IMF) to gradually increase the levy on petroleum products up to Rs50 per litre, ARY News...
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