ISLAMABAD: Pakistani consumers are paying massive taxes and duties on petroleum products, as the consumers pay Rs101.49 per litre on petrol including a petroleum development levy (PDL) of Rs75.52 per litre, a newly introduced climate levy of Rs2.50 per litre effective July 1 (today), a freight margin of Rs6.98 per litre, an oil company margin of Rs7.87 per litre, and a dealer margin of Rs8.64 per litre.
The ex-refinery price of petrol stands at Rs165.30 per litre.
For high-speed diesel (HSD), taxes and duties total Rs95.74 per litre, comprising a PDL of Rs74.51 per litre, a climate levy of Rs2.50 per litre, a freight margin of Rs2.09 per litre, an oil company margin of Rs8.00 per litre, and a dealer margin of Rs8.64 per litre. The ex-refinery price for diesel is Rs177.24 per litre.
With the commencement of the new fiscal year 2025-26, the federal government enforced new taxes on petroleum products in line with the International Monetary Fund’s (IMF) climate financing conditions.
A fresh “Climate Support Levy” of Rs2.50 per litre imposed on petrol, diesel, and kerosene.
This levy has been adjusted by reducing the previously applicable Petroleum Development Levy (PDL).
It may be noted that the federal government increased petrol prices for the next fortnight, pushing the petrol price up by Rs8.36 per litre.