As the federal government has presented the budget for fiscal years 2025 and 26 The Finance Bill proposes a carbon levy of Rs 2.5 per liter on petrol, diesel and furnace oil.This will result in the introduction of new taxes.Which will be done with the existing levy on petroleum products.Thus, the federal government will receive a revenue of Rs. 46 billion this fiscal year.
The government will reduce the levy to Rs 5 in the next budget 2026 and 27, which will generate revenue of up to Rs 95 billion for the government.It should be noted that this levy will not apply to kerosene and light diesel.The budget for 2025 and 26 has been presented after negotiations with the IMF, and the collected taxes will be spent on green projects.
The Finance Minister Said during Budget Cermenoy .People will give important to the Electrical Vehical results will lead to affordable transport and Also Environment will be clean by this step.