Pakistan Records Highest-Ever Petroleum Levy Collection in First Quarter

ISLAMABAD: The federal government has collected a record Rs381.82 billion in petroleum levy during the first quarter of the current fiscal year 2026-27, marking the highest-ever collection in the first three months of any financial year in Pakistan’s history.

Economic experts say the figures highlight the additional financial burden being borne by citizens already struggling with inflation, low incomes and hefty electricity bills.

According to a private television report citing official documents, the government collected Rs381.82 billion in petroleum levy between July and September 2026.

The documents show that petroleum levy collection increased by Rs10.21 billion compared with the corresponding period of the previous fiscal year. The increase represents a new record for first-quarter collections in the country’s history.

It is worth noting that the government collected Rs220 billion in petroleum levy during the first two months of the current fiscal year.

For FY2026-27, the government has set an overall petroleum levy collection target of Rs1.676 trillion.

The petroleum levy has become a major source of revenue for the national exchequer. However, Jamaat-e-Islami has been holding nationwide protests against the levy, and several rounds of talks have also been held between the party and the government to address the issue.