The oil sector is struggling with a loss of 35 billion rupees due to the waiver of taxes – Trendy Blogger

The oil sector is struggling with a loss of 35 billion rupees due to the waiver of taxes

 – Trendy Blogger

Karachi: The oil industry in Pakistan is expected to bear financial losses of 35 billion rupees in the current fiscal year due to the exemption of sales tax on petroleum products that were provided in the Finance Law 2024. Industry estimates indicate that refineries will take losses of 18 billion rupees, while OMCS may face … Read more