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Business

Web Desk
Sep 02, 2025

Pakistan OMCs report 7pc increase in sales in August 2025

This YoY growth in OMC sales was supported by gradual economic recovery and reduced smuggling from Iran, along with decline in petrol prices.

Pakistan

Web Desk
Jul 06, 2024

Government abolishes advance income tax on petrol pumps

Petrol pumps were previously subject to a 12.5 per cent withholding tax on their margins. The recent decision to eliminate the advanced income tax was aimed at simplifying the tax structure for petrol pump operators.

Pakistan

Web Desk
Jul 05, 2024

OGRA directs oil companies to keep petrol pumps open

Pakistan OMCs report 7pc increase in sales in August 2025

Government abolishes advance income tax on petrol pumps

OGRA directs oil companies to keep petrol pumps open

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President signs landmark local govt ordinance, Islamabad admin to be overhauled