Budget 2025-26: Dual Pricing on the Cards as Govt Ratchets up War on Cash

Budget 2025-26: Dual pricing on the cards as govt ratchets up war on cash

• Buying petrol with cash may cost an extra Rs2-3 per litre • All fuel stations may be legally required to offer digital payment modes • Manufacturers, importers may charge extra 2pc GST on cash sales • Emphasis will be on low-cost digital options instead of costlier POS systems • Minor tax rate cut expected for salaried class ISLAMABAD: As part of its strategic direction to declare ‘war on cash’, the federal government is likely to introduce di…

Fuel Prices May Rise for Cash Payments in Budget 2025

ISLAMABAD – Pakistani government is planning to introduce additional charges on cash transactions, particularly purchase of petrol and other consumer goods, in upcoming Budget 2025–26, in new push to promote digital payments and curbing tax evasion. Federal Board of Revenue (FBR) reportedly wants consumers to pay cash at petrol pumps and it may face extra […] The post Fuel Prices May Rise for Cash Payments in Budget 2025 appeared first on .

IMF proposes diesel, petrol price hike for cash purchases

ISLAMABAD: The International Monetary Fund (IMF) put forward several stringent measures to reform Pakistan’s fiscal policies ahead of the budget 2025-26, ARY News reported. According to sources, the IMF has demanded an Rs2 per liter increase in petrol and diesel prices for cash purchasers, while an Rs2 reduction for transactions made via debit or credit cards to encourage digital payments. The sources added that the IMF also suggested raising th…

Rs3 per liter additional tax likely on cash transactions at petrol stations

In a major policy shift aimed at reducing cash-based transactions and encouraging digital payments, the federal government is considering a dual pricing and taxation mechanism in the 2025–26 budget. The initiative will apply across fuel stations, retail outlets, and other service sectors. Under the proposed system, official petroleum prices announced by the government will be applicable only for digital payments. Consumers opting to pay in cash …

Govt mulls Rs3 per litre surcharge on cash fuel purchases at petrol stations - Islamabad Post

ISLAMABAD, JUN 2: The federal government has decided to provide inflation-adjusted salary relief to public sector employees in the upcoming budget 2025–26, while also considering major steps to discourage cash transactions, official sources confirmed. Finance Bill 2025 is expected to include proposals targeting cash-based purchases. One key suggestion under consideration is the imposition of an additional charge of up to Rs3 per litre on fuel pu…

Budget 2025-26 Unveils Dual Petrol Pricing to Combat Cash Economy

ISLAMABAD: The federal government is expected to unveil a dual pricing system in Budget 2025-26. The plan introduces different tax and transaction rates for cash versus digital payments across various sectors, most notably fuel. The aim: to wage a full-scale “war on cash” and bring more transactions into the formal economy. Sources confirm that fuel purchases will cost less when paid digitally. Petrol pumps across the country, from Karachi to Az…