Minister for Planning, Development and Special Initiatives Asad Umar has said that the federal government is charging a 16.4pc tax on petrol which is one-third of the tax rate charged during the previous government of Pakistan Muslim League- Nawaz (PML-N).
Asad stated that the tax was as high as 52pc during the last government's tenure.
The minister was responding to a tweet by the Pakistan People’s Party leader Murtaza Wahab Siddiqui who referred to Umar’s tweet from February 2016, in which Asad had stated that “petrol price without taxes is Rs46.8 and taxes (PDL+GST) on it are Rs24.5, so the total tax on petrol is now equal to 52%”.
Wahab asked Umar if he could do the "same mathematics now?”
Can u plz do the same mathematics now? https://t.co/RjKtxHZfmy
— Murtaza Wahab Siddiqui (@murtazawahab1) September 16, 2021
“The current Petroleum Development Levy (PDL) is Rs5.62 and sales tax is Rs11.76 and total tax is Rs 17.38 per litre of petrol,” the planning minister responded in a tweet.
Hazir janab. The current pdl is 5.62 and sales tax is 11.76. Total tax 17.38. Base price 105.92. Total price 123.3. Taxation rate 16.4%. Which is less than one third of that time of pml n govt when tax was 52%. Aur koi khidmat janab? https://t.co/czvNLL0mc6
— Asad Umar (@Asad_Umar) September 16, 2021
Minister Umar added that the base price of one litre petrol is Rs105.92 at present and the total price is Rs123.3, hence the taxation rate per litre comes to 16.4pc.
Read More: Petrol price slashed by Rs1.5 per litre
Responding to the planning minister, Wahab said "as per news reports, govt is charging 10% CD & 10.54% ST on petroleum and 17% on diesel along with PDL. Taking oil price to 123 and yet you have the audacity to make such utterances. You and your govt likes to only create new records of annihilating poor people".
Waisay as per news reports, govt is charging 10% CD & 10.54% ST on petroleum & 17% on diesel along with PDL. Taking oil price to 123 & yet u have the audacity to make such utterances. You & your govt likes to only create new records of annihilating poor people https://t.co/pO8Jg0Yelj
— Murtaza Wahab Siddiqui (@murtazawahab1) September 16, 2021
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ