Tag: Petrol Tax

No Petrol Be Available from July 5 : Pakistan Petroleum Dealers
Pakistan

No Petrol Be Available from July 5 : Pakistan Petroleum Dealers

The Pakistan Petroleum Dealers Association (PPDA) has declared a nationwide strike starting July 5. This action is in protest against the newly implemented 0.5% advance tax on turnover, included in the federal budget for 2024-25. The PPDA claims that this tax will severely harm their businesses, which are already struggling due to high taxes and inflation. PPDA Chairman Abdul Sami Khan stated that the strike might extend beyond one day and advised dealers to keep their petrol pumps stocked until July 4. He also urged citizens to fill their vehicles before the strike begins. “We met with the finance minister, the chairman of the FBR, officials of the Petroleum Division, chairman of OGRA, and DG Oil, DG Explosive but the talks yielded no results, which is why we are striking. Doubl...