But the FBR has lately claimed that it will face only Rs170 billion to Rs180 billion shortfall, which appears on the lower side. In the case of petrol, the government has already achieved the maximum petroleum levy threshold of Rs50 per litre. But it increased the petroleum levy rate by Rs2.50 per litre to Rs35 in the case of high-speed diesel. The petroleum levy rates on kerosene oil increased toRs6.22 per litre and light diesel oil Rs30 per litre. The government is now facing pressure from the IMF to enhance the levy rates to increase the collection.

Source: The Express Tribune January 17, 2023 16:57 UTC