Pakistan SCO Summit 2026

ISLAMABAD — The federal government has collected a record Rs 3,137 billion from the public in petroleum levies over the past two and a half years, leaving citizens to bear the brunt of the highest fuel prices in the country’s history.

According to official government documents cited in media reports, the heavy tax burden accompanied historic price spikes across all major petroleum products.

High-speed diesel experienced an overall surge of Rs 233 per liter during this period, rising from Rs 287.33 on March 4, 2024, to an all-time peak of Rs 520.35 per liter. Similarly, motor gasoline (petrol) rose by Rs 178.66 per liter, climbing from Rs 279.75 to reach a record high of Rs 458.41 per liter.

Official records detail a substantial annual expansion in tax collection under petroleum-related duties. During the 2025–26 fiscal year, the federal government collected Rs 1,567 billion through the standard petroleum levy, along with an additional revenue exceeding Rs 50 billion under a newly instituted carbon levy.

This follows collections of Rs 1,220 billion in FY 2024–25 and Rs 299.63 billion gathered during the final quarter of FY 2023–24.

Under the current pricing framework, consumers pay a fixed petroleum levy of Rs 80 per liter on both petrol and diesel, in addition to a separate Climate Support Levy of Rs 5 per liter.

Read also:New Petrol and Diesel Prices Announced for Next Three Days

Pakistan SCO Summit 2026

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