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Soaring Petroleum prices weigh heavy on citizens

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February 17, 2026

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Home Southern Asia Pakistan

Soaring Petroleum prices weigh heavy on citizens

by Asia Today Team
February 17, 2026
in Pakistan
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Govt extends business closing hours citing extended daylight

KP CM says only Imran Khan can remove him



Pakistani residents are dealing with an unprecedented monetary burden as receipts from the petroleum levy have reached Rs2,590 billion over the previous two years, based on sources.

In 2025 alone, file petroleum levy receipts of Rs1,493.73 billion have been collected, in comparison with Rs1,095.86 billion in 2024.

This marks a rise of Rs397.86 billion in 2025 in comparison with the earlier 12 months.

Quarterly knowledge for 2025 reveals that petroleum levy income stood at Rs284.43 billion through the January–March interval.

Within the April–June quarter, collections rose to Rs386.37 billion, whereas Rs371.61 billion was generated within the July–September quarter.

The October–December quarter noticed the best assortment, reaching Rs451.32 billion.

Moreover, Rs25.48 billion was collected individually underneath the local weather assist levy between July and December 2025.

Sources famous that petroleum levy income stays solely with the federal authorities, not like tax income collected by the Federal Board of Income (FBR), which is transferred to the provinces underneath the NFC Award.



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