Govt Earns Rs. 220 Billion Petroleum Levy in 2 Months

Notably, the federal administration collected Rs. While setting an annual collection target of Rs, 220 billion through the petroleum levy during the first two months of FY2026-27.

Key points

• For FY2026-27, the administration has set a higher collection target of Rs.
• 1.676 trillion through the levy during the current fiscal year.
• 1.468 trillion in revenue from the levy but eventually collected Rs.
• The petroleum levy is charged on petroleum products, including petrol and diesel, and serves as a source of revenue for the federal administration.
• Its collection has additionally remained a subject of political criticism and protests over its impact on fuel costs.

Meanwhile, the administration wants to collect Rs. 1.676 trillion through the levy during the current fiscal year. OGRA Sidelined as PSO, SSGCL Obtain Authority to Set LPG Costs. During FY2025-26, petroleum levy collections exceeded the initial budget estimate.

In practice, the administration had initially targeted Rs. 1.468 trillion in revenue from the levy but eventually collected Rs. 1.567 trillion, exceeding the target by around Rs. 100 billion.

For FY2026-27, the administration has set a higher collection target of Rs. 1.676 trillion.

Meanwhile, the petroleum levy is charged on petroleum products, including petrol and diesel, and serves as a source of revenue for the federal administration.

Its collection has additionally remained a subject of political criticism and protests over its impact on fuel costs. Stay Connected with ProPakistani.

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In short, govt Earns Rs. 220 Billion Petroleum Levy in 2 Months is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.