Diesel levy hike is phased normalization, not arbitrary tax rise: Khurram Schehzad
The recent increase in the Petroleum Levy (PL) on diesel represents a phased normalization of a temporarily reduced levy rather than an arbitrary tax hike, with the rate still lower today than it was before the Gulf crisis despite the latest adjustme
August 07, 2026 (MLN): The recent increase in the Petroleum Levy (PL) on diesel represents a phased normalization of a temporarily reduced levy rather than an arbitrary tax hike, with the rate still lower today than it was before the Gulf crisis despite the latest adjustment. The clarification came from Khurram Schehzad, Advisor to the finance minister, responding to criticism over back-to-back increases in the dies...