The federal government has collected Rs220 billion in petroleum levy during the first two months of fiscal year 2026-27, covering July and August. The collection represents an initial contribution towards the government’s annual petroleum levy revenue target of Rs1.676 trillion.
According to the available figures, petroleum levy receipts during the opening months indicate progress towards the target set for the current financial year. The levy is imposed on petroleum products and serves as an important source of revenue for the federal government.
For FY27, the government has projected petroleum levy collections of Rs1.676 trillion. The final amount collected will depend on revenue trends during the remaining months of the fiscal year.
During the previous fiscal year, the government had initially set a petroleum levy collection target of Rs1.468 trillion. However, actual receipts reached Rs1.567 trillion, exceeding the original budget estimate by approximately Rs100 billion.
The latest figures highlight the contribution of petroleum levy to federal revenue collection. The government will continue monitoring receipts throughout FY27 as it works towards meeting its annual target.
