Government charging 16.4% taxes on petrol against 52% in previous Government: Asad Umar

Islamabad, September 17, 2021 (PPI-OT):Minister for Planning and Development Asad Umar has said the government is charging only 16.4% taxes on petrol, which is around 33% less than the time of PML-N when the tax rate was as high as 52%. In a tweet, he said the current Petroleum Development Levy is 5.62 rupees and sales tax is 11.76 and total tax is 17.38 per litre of petrol.

He said the base price of one litre petrol was 105.92 and the total price was 123.3, hence the taxation rate per litre was 16.4%, “which is less by one third of the time of Pakistan Muslim League (N) government when tax was 52%”.

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