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HomeGeneralGovernment collects 33% less tax on petrol against previous government :Minister

Government collects 33% less tax on petrol against previous government :Minister

ISLAMABAD: The government imposes only 16.4 per cent tax on petrol, which was about 33 per cent less than the time of Pakistan Muslim League-Nawaz (PML-N) when the tax rate was up to 52 per cent, a senior government official said on Friday.

Federal Minister for Planning, Development and Special Measures Asad Umar tweeted: “The current Petroleum Development Levy (PDL) is Rs 5.62 and sales tax is Rs 11.76 and tax is Rs 17.38 per liter of petrol.”

Also read: https://newscurators.com/pakistan-petroleum-limited-has-locate-hydrocarbon-sindh-news-curators/

Umar said that the base price of one litre petrol was Rs105.92 and the total price was Rs123.30; hence, the taxation rate/litre was 16.4 per cent, which is less by one-third of the time of Pakistan Muslim League (PML-N) government when the tax was 52 per cent.”

The minister was responding to a tweet by the Pakistan People’s Party leader Murtaza Wahab Siddiqui who referred Asad Umar’s tweet written in February 2016 when he had said: “Petrol price without taxes is Rs 46.80 and taxes (PDL+GST) on it are Rs24.50 so the total tax on petrol is now equal to 52 per cent.”

Addressing the planning minister in his tweet, Wahab said: “Can u please do the same mathematics now?”

After presenting the details of taxation on petrol, the minister asked Wahab “anything else do you want to ask?”

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