Why is petrol so expensive in Pakistan? What is the tax on a liter of petrol? How much money did the Pakistani government make in the current financial year?

 Why is petrol so expensive in Pakistan?

What is the tax on a liter of petrol?

How much money did the Pakistani government make in the current financial year?

One term is used in Pakistan and in the world. Run on bank.

So you know something is about to end. So you go for more So even if it is not lacking, they start to happen. When it starts to decrease, we start consuming more ourselves. If we put 1000 liters of petrol in our car every day, we add more. Which starts to decrease.

Please don't do this, it leads to shortcomings. We are doing this together to save ourselves as a nation, we should not do anything Don't use the pedal for no reason. Use it however much you need it.  There is a general feeling that when the price of petrol goes down, we start buying more. 

So don't do that

See where petrol comes from in our country. It comes from Qatar by sea. It comes to refineries. And your OMCs from refines called pumps. Sheel, byco, PSO, Total, All-inclusive is given to all Then you get these retail outlets 

It is important to understand in all of Chain that pedal is not produced in Pakistan. Patrol comes from outside.

Understand that this is your refinery. You have to fill it. How much to fill this refine depends on your demand and what is the demand in the market.

Within April, the government banned the arrival of the patrol.

You could not buy petrol from outside. The amount of petrol inside the refinery fulfilled the need. Because the lockdown was going on in the country, the demand in the country was low, the price in the international market was low, which was not implemented here and when the lockdown ended, they did not think that the demand for petrol would increase suddenly. 

 Traffic was closed, public transport was closed, as are private companies. Except PSO, it is a government agency. Shell, byco, Total, and do as much as you can 

And trying to make up for that shortfall is economically impossible.

At today's rate, there is a cost of petrol and it will fall below the selling price. The other thing is it will still decrease. 

The other thing is it will still decrease. You have to import it will arrive in ten to twelve days. Now the stock that the refinery has will come at a high price. But that's part of the business, now a servant buys a dollar 160 rupees and it becomes 150 rupees in the morning He can't say why I should sell it Even along these lines, claiming one is still past the range of the normal individual. So the government should bear a small loss or, when it is low, replenish its stock. Reduce your profits or to fool people, there are so many institutions out there One company will raid another, 

 why aren't you paying for the pump? The second will hit the third and this blame game will continue I did a lot of research on it and the price formula will have to change Or the government will have to use its own file. The demand and supply of the government which had banned imports was disturbed. It’s okay if you let it stay in the free market Prices have been going up and down and when you try to break free market dynamics. So that's how problems come up in the market. How long will this decline last? How to fix it? It is the decision of the government that the government should sit down with the OMCs and reduce the prices 

Inside the market I have a high actin pedal that is available at Rs 150 per liter. And the one who has less money is less. Either he shouldn't or he should stay at home. The government should rationalize these things 

That you will not get more than five liters of petrol etc. And then the other way is that you and I can pray that the prices in the international market will come down. So that was my analysis on the price of petrol. 

Let me give you an example to show that Pakistan sells 12 billion liters of petrol a month. 2,000,000,000 The government should increase the patrol levy by Rs. 2 only. So it can earn Rs 4 billion per month. On the contrary, the government has been dependent on patrol in the current financial year in the first six months of the current financial year, the government has earned Rs 275 billion in petrol levy Earned only in patrol 

This is 94% of the tax earned in the year. In other words, you have taken so much petroleum levy in these 6 months. As much as I drank all year round 

Reliance on FBR which is on direct tax Tax evasion cannot be caught. Big money is spent on FBR but no result is coming. That is why we are dependent on loans. In the current financial year, 33% of the expenditure was repaid on previous loans. If they did not do what was a loss of Rs 25, you would have a surplus of Rs 11 instead.

Every Pakistani now owes Rs. 175,000, an increase of 45% since 2018. The government has borrowed heavily from 33 billion in foreign debt, including Eurobonds. The catastrophic government now wants to recover Rs 6 trillion from tax revenues, indirect taxes and petroleum levies.

610 billion petroleum levy will be obtained, the price of which has increased by 30 paisa per liter due to the tsunami of inflation. 252 billion will be derived from privatization which, like this steel mill, PIA and other national rosacea, makes its home known by cookies

Will not happen.

All economic sectors are on ventilator. Trade deficit is rising, PSDP has been reduced. With inflation and debt skyrocketing, how can the government predict a 4.8% growth rate? The World Bank and the IMF fear that Pakistan's growth rate will be the lowest in South Asia.