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Current Affairs Medium CSS Uploaded: 01 Sep 2026

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.
Submitted by: PaperMCQs
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