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23 articles

Government Says Fuel Prices to Remain Unchanged
Petrol Price

Government Says Fuel Prices to Remain Unchanged

Finance Minister Miftah Ismail on Sunday said the government was not increasing the prices of petroleum products “for now”. Addressing a news conference in Islamabad, Miftah said Prime Minister Shehbaz Sharif opposing…

Cheaper petrol for the Lower Income Group
Petrol Price

Cheaper petrol for the Lower Income Group

According to report published in The Express Tribune, the government is considering to provide some kind of subsidy for the motorcycle users in Pakistan, especially who fall in the low-income group. About…

Petrol Price in Pakistan Increased Today
Petrol Price

Petrol Price in Pakistan Increased Today

With the latest increase, the prices of petroleum products have reached at historic top level. New prices of petroleum products will be applicable from Tuesday midnight. The new fuel prices will remain…

Rate of Sales Tax on Petrol Reduced
Petrol Price

Rate of Sales Tax on Petrol Reduced

The Federal Board of Revenue (FBR) has reduced the sales tax rate on Petrol from 6.84 percent to 1.43 percent from November 11, 2021. According to a notification issued by the FBR…

Prices of all petroleum products reduced
Markets

Prices of all petroleum products reduced

A statement issued by the Finance Division the new reduced prices will take effect from September 01, 2021. According to the notification the price of petrol has been reduced by Rs1.50 to…

FBR Reduces Sales Tax Rate on Petroleum Products
Taxation

FBR Reduces Sales Tax Rate on Petroleum Products

The FBR amended S.R.O. 57(I)/2016 (sales tax on petroleum products) through issuance of a notification S.R.O. 557 (I)/2021 issued on Monday. According to the notification issued, the standard rate of 17 percent…