{"id":79123,"date":"2025-07-01T11:17:00","date_gmt":"2025-07-01T06:17:00","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=79123"},"modified":"2025-07-01T11:17:00","modified_gmt":"2025-07-01T06:17:00","slug":"govt-imposes-climate-support-levy-on-petroleum-products","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/govt-imposes-climate-support-levy-on-petroleum-products\/","title":{"rendered":"Govt  imposes climate support levy on petroleum products"},"content":{"rendered":"<p>ISLAMABAD: Pakistan has imposed a climate support levy on oil products due to the constant insistence of the <a href=\"https:\/\/dailyausaf.com\/en\/business\/imf-agrees-to-income-tax-relief-for-salaried-class-in-upcoming-budget-2025-26\/\">International Monetary Fund (IMF).<\/a><\/p>\n<p>According to details, with the start of the new financial year 2025-26, the federal government has implemented new levies on petroleum products per the International Monetary Fund&#8217;s (IMF) climate financing requirements.<\/p>\n<p>A new &#8220;Climate Support Levy&#8221; of Rs 2.50 per liter has been levied on petrol, diesel, and kerosene. The levy has been brought down by lowering the earlier applicable<a href=\"https:\/\/dailyausaf.com\/en\/business\/major-increase-in-petrol-prices-anticipated-from-july-01-check-expected-rates-inside\/\"> Petroleum Development Levy<\/a> (PDL).<\/p>\n<p>With the new setup, the PDL on petrol has been lowered to Rs 75.52 per liter to include the carbon levy. Earlier, petrol was charged a PDL of Rs 78 per liter.<\/p>\n<p>For high-speed diesel, the PDL has been lowered to Rs74.51 per litre from the previous Rs78 per litre to permit the adjustment of the climate levy.<\/p>\n<p>On kerosene, a fresh Climate Support Levy of Rs2.50 has been added over and above the existing Rs18.95 per litre PDL. Light diesel, too, still has a PDL of Rs15.37 per litre.<\/p>\n<p>The Pakistan government&#8217;s decision to introduce the Climate Support Levy is part of fulfilling its IMF conditions under the international climate financing framework.<\/p>\n<p>It can be pointed out that the federal government raised petrol prices for the fortnight ahead, increasing the petrol price by Rs8.36 a litre.<\/p>\n<p>As per a notification released by the Pakistan Finance Ministry, the petrol price had been raised by Rs14.80 per litre, taking the new petrol price to Rs266.89 per litre.<\/p>\n<p>In the same vein, the high-speed diesel price had been raised by Rs 10.39 per litre, and the new rate of Rs 272.98 per litre was fixed in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan has imposed a climate support levy on oil products due to the constant insistence of the International Monetary Fund (IMF). According to details, with the start of the new financial year 2025-26, the federal government has implemented new levies on petroleum products per the International Monetary Fund&#8217;s (IMF) climate financing requirements. A new [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":41611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[4440,160,29820],"class_list":["post-79123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan","tag-petroleum-development-levy","tag-imf","tag-levy-on-petroleum-products"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/79123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=79123"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/79123\/revisions"}],"predecessor-version":[{"id":79124,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/79123\/revisions\/79124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/41611"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=79123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=79123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=79123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}