BusinessPetrol worth drops in Pakistan for subsequent fortnight

Petrol worth drops in Pakistan for subsequent fortnight

A gas station attendant filling up a automobile at a petroleum station. — AFP/File

ISLAMABAD: In a reduction to the inflation-struck plenty, the caretaker authorities dropped the worth of petrol by Rs2.04 per litre for the following fortnight.

In a press release on Wednesday, the Ministry of Finance stated the federal government revised the gas costs according to the advice of Oil and Gasoline Regulatory Authority (Ogra).

The per litre worth of high-speed diesel (HSD) was additionally slashed by Rs6.47, whereas the costs of kerosene oil and lightweight diesel oil have been diminished by Rs6.05 and 9.01, respectively.

The brand new costs shall be efficient November 16 at midnight and to stay in place until November 30.

Merchandise Current worth New worth Lower
Petrol Rs283.38 Rs281.34 Rs2.04
Excessive Pace Diesel (HSD)  303.18 296.71 Rs6.47
Kerosene oil Rs214.85 Rs204.98 Rs6.05
Mild diesel oil Rs192.86 Rs180.45 Rs9.01

The caretaker authorities diminished the gas costs after a month as for the 2 fortnightly evaluations the costs have been stored unchanged. 

The interim authorities is charging zero basic gross sales tax (GST) on all petroleum merchandise whereas the speed of petroleum levy (PL) on petrol and diesel is Rs60 per litre.

On October 16, the federal government had dropped the petrol worth by Rs40 per litre and HSD by Rs15 per litre.


Extra to observe..

- Advertisment -
Google search engine

Recent Comments