- Finance Division says charges slashed on advice of OGRA.
- Per litre value of high-speed diesel was slashed by Rs6.47.
- Kerosene oil and lightweight diesel oil value lowered by Rs6.05 and 9.01.
The caretaker authorities — in reduction to the inflation-weary Pakistanis — has slashed the petrol value by Rs2.four per litre for the following fortnight.
| Merchandise | Present value | New value | Lower |
| Petrol | Rs283.38 | Rs281.34 | Rs2.04 |
| Excessive Velocity 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 brand new costs will come into impact from November 16, at midnight and stay in place until November 30.
In an announcement, the Finance Division stated the charges of petroleum merchandise had been slashed by as much as Rs9.01 on the advice of the Oil and Fuel Regulatory Authority.
The per litre value of high-speed diesel (HSD) was slashed by Rs6.47, whereas the costs of kerosene oil and lightweight diesel oil had been lowered by Rs6.05 and 9.01, respectively.
The caretaker authorities lowered the gasoline costs after a month as for the 2 fortnightly critiques the costs had been stored unchanged.
The interim authorities is charging zero normal 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 value by Rs40 per litre and HSD by Rs15 per litre.
Diesel is extensively used within the transport and agriculture sectors. The discount in its value may convey inflationary impression down and reduction for farmers because the crop-harvesting season has kicked off.
