In a move that could disrupt fuel supply across Pakistan, the Pakistan Petroleum Dealers Association (PPDA) has declared a nationwide strike starting July 5. The action comes in response to a new 0.5 percent advance turnover tax imposed by the government.
PPDA Chairman Abdul Sami Khan announced the decision at a press conference, highlighting the potential negative impact of the tax on the petrol pump industry. Khan emphasized that fuel retailers already operate on slim profit margins, and the additional tax burden would make it nearly impossible to continue operations amid high inflation.
“We’re facing significant challenges due to the current economic situation,” Khan stated. “This new tax could force many of us to shut down.”
The association, representing 14,000 fuel dealers, has given the government a four-day ultimatum to remove the advance income tax. If their demand is not met, the PPDA warns of severe consequences, including a widespread closure of petrol pumps.
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Khan revealed that the association had communicated their concerns to the finance minister, but felt their issues were not adequately addressed. The PPDA argues that the tax, introduced in the recent budget, places an undue burden on an already struggling industry.
The strike threat raises concerns about potential fuel shortages and economic disruptions if a resolution is not reached promptly. As the deadline approaches, all eyes are on the government’s response to this brewing crisis in Pakistan’s energy sector.
