What is the petroleum levy target fixed for FY2026-27 in Pakistan's federal budget?
A
Rs1.2 trillion
B
Rs2 trillion
C
Rs1.727 trillion
D
Rs1.5 trillion
Correct Answer: Option C — Rs1.727 trillion
Explanation:
Pakistan's Ministry of Finance fixed the petroleum levy target at Rs1.727 trillion for FY2026-27, forming an important non-tax revenue source amid the government's fiscal consolidation efforts.