Apropos a recent news item being attributed to the Energy Minister that Petroleum levy needs to be reviewed; the Ministry of Energy would like to clarify that the Energy Minister never mentioned or implied that the Petroleum levy should be reviewed. He only stated that taxes on power and petroleum consumers are high because FBR’s tax collection through direct taxes is low in our country. The statement regarding review of Petroleum levy attributed to the Energy Minister is therefore factually incorrect. *-*-*
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