Govt collects Rs254.7 billion through petroleum, climate and NEV levies in two months

The federal government received Rs254.725 billion from petroleum, Climate Support and New Energy Vehicle (NEV) Adoption levies in July and August, Profit by Pakistan Today reported, citing official figures. The total was about 14.6% of the Rs1.748 trillion revenue target for the three charges in FY2026-27. Petroleum levy receipts made up Rs220 billion, while the Climate Support and NEV levies contributed Rs27.5 billion and Rs7.225 billion, respectively.

The government is charging Rs80 per litre on petrol and high-speed diesel, and its IMF programme commitments leave limited scope to reduce the petroleum levy, according to the report. Petroleum levy collections reached Rs1.567 trillion in FY2025-26, while the current-year target has risen to Rs1.676 trillion. The Climate Support Levy has already generated 55% of its Rs50 billion annual target, and NEV levy receipts amount to about 32.1% of the Rs22.481 billion goal. The collections come amid talks with Jamaat-e-Islami over reducing fuel levies, while the report says high fuel prices have added to inflationary pressure.