From The Pump To The Budget: The Story Of The Petroleum Levy
As global prices of petrol and diesel climb, calls to cut the petroleum levy are growing louder. Before we decide what should happen to it, it helps to understand what it is, what it pays for, and what the real choices are.
September 25, 2026 (MLN): As global prices of petrol and diesel climb, calls to cut the petroleum levy are growing louder. Before we decide what should happen to it, it helps to understand what it is, what it pays for, and what the real choices are. When fuel prices go up, the first thing most of us notice is the price board at the filling station. The second is everything that follows: the rickshaw fare, the cost o...