• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Govt Considering to Restore Petroleum Levy in Upcoming Budget 2022-23

by Ali Gulrez
Jun 9, 2022
in Islamabad, National
0

The Federal Government is considering a proposal to restore the petroleum levy in the upcoming budget for the fiscal year 2022-23. According to the details, the Government plans to earn over 1600 billion from non-tax sources in the upcoming fiscal year.

Petroleum Levy
Govt Considering to Restore Petroleum Levy in Upcoming Budget 2022-23

According to the details, the Government aims to collect Rs. 550 billion from petroleum levy, Rs. 40 billion from gas development surcharges, Rs. 116 billion from oil and gas royalty, Rs. 8 billion from LPG levy, and Rs. 35 billion from crude oil royalty,

Furthermore, the Federal Government also plans to collect Rs. 2 billion from GID, Rs. 200 billion from the State Bank of Pakistan (SBP) dividend, and Rs. 245 billion from interest.

Meanwhile, Rs. 35 billion is likely to be collected from passport fee and Rs. 98 billion from other non-tax income sources.

It is pertinent to mention that restoring petroleum levy will result in massive increase in prices of these commodities, which will lead to more inflation in the country and put more pressure on the already burdened population.

Read more: Latest Petrol Prices in Pakistan – 3 June 2022.

Follow INCPAK on Facebook/Twitter/Instagram for updates.

Tags: Budget 2022-23Petroleum Levy
ShareTweetSend

Related Posts

Earthquake Lahore, Earthquake Islamabad, Earthquake Rawalpindi
Islamabad

Earthquake In Lahore, Islamabad, Rawalpindi

Mar 21, 2023
Rain, Weather Update, PMD
Islamabad

Weather Update: PMD Predicts Rain Across Pakistan This Week

Mar 21, 2023
Islamabad Ramadan Relief Package, Ramadan Relief Package
Islamabad

Ramadan Relief Package for Citizen of Islamabad

Mar 21, 2023
Sindh School Timings Ramadan, Sindh School Timings, School Timings Ramadan, School Timings Ramadan 2023
Education

Sindh Announces School Timings for Ramadan 2023

Mar 21, 2023
Abdul Qayyum Sufi, Maulana Abdul Qayyum Sufi
National

Imam of Mosque Abdul Qayyum Sufi Killed in Karachi

Mar 21, 2023
Sindh Public Holiday, Public Holiday in Sindh, Pakistan Day
National

Sindh Announces Public Holiday on 23 March 2023

Mar 20, 2023
Atif Munsif Khan Jadoon, Atif Munsif, Atif Jadoon
Khyber Pakhtunkhwa

PTI’s Atif Munsif Khan Jadoon & 7 Others Killed in Abbottabad Attack

Mar 20, 2023
Office Timings Ramadan 2023, Ramadan 2023 Timings, Office Timings, Ramadan Timings
Islamabad

Federal Govt Announces Office Timings For Ramadan 2023

Mar 20, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

  • Earthquake In Lahore, Islamabad, Rawalpindi
  • Weather Update: PMD Predicts Rain Across Pakistan This Week
  • Ramadan 2023 in Saudi Arabia, UAE to Begin on March 23
  • Ramadan Relief Package for Citizen of Islamabad
  • Carrefour and AlKhidmat Foundation Partner to Help The Needy
  • United Motorcycles and Scooty Installment Plan For MCB Customers
  • Sindh Announces School Timings for Ramadan 2023
  • PIA Offers 10% Discount on Airfares on 23 March 2023
  • Imam of Mosque Abdul Qayyum Sufi Killed in Karachi
  • SBP Announces Bank Holiday on 24 March 2023 For Zakat Deduction

INCPak Official logo

INCPak Official Logo
Independent News Coverage Pakistan (INCPAK) delivers the latest updated news on Current Affairs, Business, Sports, Entertainment, and Technology in Pakistan

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.