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Petroleum Development Levy (PDL)

Coverage of Petroleum Development Levy (PDL) in the Nexus archive.

Earliest in view: Jun 12 · 04:30 UTCMost recent: Jun 12 · 04:30 UTC
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  • BUSINESSJun 12 · 04:30 UTCDAWN
    Cash-starved govt doles out Rs2.35tr in tax exemptions

    Pakistan's government reported a 3.37% decline in tax exemptions to Rs2.353 trillion in FY26, the first reduction in seven years, despite initial high figures and revisions. The decline follows seven consecutive years of increases and comes amid revenue shortfalls, with exemptions impacting federal-provincial revenue sharing.