FY27 PDL collection target seen at Rs1.7tr

MG News | May 29, 2026 at 04:27 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 29, 2026 (MLN): The government is projected to collect around Rs1.73 trillion through Petroleum Development Levy (PDL) in FY27, showing a 17.8% year-on-year increase, according to Arif Habib Limited.

The target remains achievable; however, it may require increasing the combined PDL on Motor Spirit (MS) and High-Speed Diesel (HSD) from the current level of around Rs160 per litre to nearly Rs180 per litre.

The base-case outlook assumes no significant growth in MS and HSD sales volumes, as elevated fuel prices could suppress demand and potentially trigger a resurgence in fuel smuggling, particularly in border regions.

Nevertheless, any improvement in fuel consumption driven by stronger economic activity, lower global oil prices, reduced retail fuel rates, or stricter anti-smuggling enforcement could support higher PDL collections and reduce the need for aggressive levy increases.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,085.00	64,680.00 62,605.00	-1000.00 -1.56%
BRENT CRUDE	78.66	79.80 77.28	2.65 3.49%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	118.00	0.00 0.00	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	73.95	75.08 72.61	2.54 3.56%
SUGAR #11 WORLD	14.86	14.98 14.65	-0.02 -0.13%