Record Petroleum Levy Collection of 261.69 Billion Rupees in Q1 Weighs on Citizens

Citizens bear the burden of petroleum levy as record collection reaches 261.69 billion rupees from July to September

For the first time in Pakistan’s history, record petroleum levy collections have been recorded for the first quarter of a fiscal year.

According to Jang, the government collected 261.69 billion rupees in petroleum levies from July to September, marking an increase of 39.62 billion rupees year-over-year.

In the same period of the previous fiscal year, petroleum levy collections stood at 222.07 billion rupees.

The target for levy collection in the current fiscal year has been set at 1,281 billion rupees.

  • Related Posts

    Rs391 Billion Collected from Salaried Class in 9 Months, Jamaat-e-Islami Urges Tax Relief

    Jamaat-e-Islami has demanded a reduction in income tax rates for the salaried class, highlighting that Rs391 billion has already been collected from them in the first nine months of the…

    Inflation Hits Historic Low in Pakistan Lowest in 60 Years

    Pakistan’s inflation rate dropped to 0.28% in April 2025 — the lowest level in 60 years — driven by falling food, transport, and utility costs. The Consumer Price Index saw…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    City Karachi

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop

    Young Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi

    Young Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi

    Eid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key Markets

    Eid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key Markets

    Karachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress Code

    Karachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress Code