The federal government is considering proposal to reduce petroleum levy between Rs 5 and Rs 10 per liter over 12 months, however, reduction in levy is likely to create a shortfall of Rs 1, 450 billion to Rs 1, 500 billion in federal revenue.
The federal government is considering proposal to reduce petroleum levy between Rs 5 and Rs 10 per liter over 12 months, however, reduction in levy is likely to create a shortfall of Rs 1, 450 billion to Rs 1, 500 billion in federal revenue.