Home / Tag Archives: Govt collects 18pc more revenue from petroleum sector

Tag Archives: Govt collects 18pc more revenue from petroleum sector

Govt collects 18pc more revenue from petroleum sector


December 5, 2019

ISLAMABAD: Despite around 13 per cent decline in consumption, the federal government collected about 18pc higher taxes on oil and gas products during first quarter (July-September) of this fiscal year mainly because of higher rates. Total revenue collection from oil and gas sector in the first quarter amounted to about Rs186 billion, compared to about Rs158bn in same period last …

Read More »