The federal government of Pakistan has revised the taxation structure on petrol and high-speed diesel by increasing the Climate Support Levy (CSL) while simultaneously reducing the Petroleum Levy (PL) by the same amount, ensuring that fuel prices remain unchanged for consumers. According to official notifications issued by the Petroleum Division, the Climate Support Levy on…
The federal government has announced a substantial reduction in the prices of petrol and high-speed diesel, offering significant relief to consumers, transporters, and businesses across Pakistan. According to a notification issued by the Petroleum Division, the price of petrol has been reduced by Rs74.28 per litre, bringing the new price to Rs299.50 per litre. Meanwhile,…
The Government of Pakistan has announced a fresh reduction in petrol prices, providing much-needed relief to consumers across the country. According to a notification issued by the Ministry of Energy’s Petroleum Division, the price of petrol has been reduced by Rs4 per litre for the next fortnight. Following this adjustment, the new petrol price stands…
The federal government has announced a major reduction in petroleum prices, providing relief to consumers across Pakistan. According to an official statement issued by the Petroleum Division, petrol prices have been reduced by Rs6 per litre, while high-speed diesel prices have been cut by Rs6.8 per litre. The revised fuel prices officially came into effect…
Pakistan’s Petroleum Division has proposed major relief measures for fuel consumers in its recommendations for the federal budget 2026-27, including reducing the petroleum levy target to Rs1 trillion and lowering the levy on petrol and diesel to Rs50 per litre while international oil prices remain high. According to reports, the recommendations have been submitted to…
