The federal government increased per litre petrol price by Rs8.03 and high speed diesel by Rs8.13.
Islamabad: Dropping another bomb on masses, the federal government hiked the POL prices on early Friday.
Accoridng to a notification, the petrol will be available in Rs145.82 after Rs8.03 increase, kerosene oil in Rs116.53 after Rs6.27 increase, while High Speed Diesel (HSD) will be available in Rs142.62 after Rs8.13 increase.
Light diesel will be available in Rs114.07 after Rs5.72 increase.
According to the Ministry of Finance, Prime Minister Imran Khan had refused proposal to increase the POL prices on November 1, but the increase was indispensable keeping in view less recoveries.
The government is providing relief in making adjustments in sales tax and levies, the ministry claimed.
Earlier the PTI government had hiked the POL prices on October 16. The price of petrol was incraesed by Rs10.49 per litre, High-Speed Diesel by Rs12.44, kerosene oil by Rs10.95 and light diesel oil by Rs8.84 per litre.
The notification had claimed that in the current scenario, the government has absorbed the pressure and provided maximum relief to consumers by keeping the Petroleum Levy and Sales Tax to a minimum.
Medic gunned down near Karachi’s Mehran Hotel
- 9 گھنٹے قبل
China endorses Pakistan’s efforts to facilitate US–Iran engagement
- 9 گھنٹے قبل
Central Bank receives $1bn from Saudi Finance Ministry
- 8 گھنٹے قبل
Trump’s $1.5 trillion defense budget includes $750 billion for ships, jets and Golden Dome
- 4 گھنٹے قبل
Lahore Qalandars thrash Quetta Gladiators by nine runs in thrilling PSL clash
- 4 گھنٹے قبل
Oil falls on expectations US-Iran talks likely to proceed, opening supply
- 9 گھنٹے قبل
Pakistan says formal response from Iran regarding participation in 2nd round of talks ‘still awaited’
- 3 گھنٹے قبل
Gold prices continue to plunge in Pakistan, global markets
- 9 گھنٹے قبل
Indigenous ‘Taimoor’ Air-Launched Cruise Missile successfully test-fired: Pakistan Navy
- 7 گھنٹے قبل
Trump says he does not want to extend ceasefire with Iran
- 5 گھنٹے قبل
How to make unemployment suck a little less
- 16 گھنٹے قبل
7,900 people died, disappeared on migration routes in 2025: UN
- 6 گھنٹے قبل
