Federal Budget: Energy Taxation
KARACHI: The most notable increase stems from the projected Rs750 billion collection of Petroleum Development Levy (PDL) against Rs135 billion collected in FY22. Based on market estimates, the targeted Petroleum…
Pakistan’s petroleum consumption declines in February
KARACHI: Pakistan’s total energy sales of petroleum oil and lubricants clocked-in at 1.74 million tons in February 2017, down 15 percent compared to sales in January 2017 while sales volume…