Govt okays Rs50 PDL levy on high-octane petrol

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The government has given the approval of imposing the petroleum development levy of Rs50 on high-octane petrol on Friday.

Sources privy to the matter said that the PDL levy on high-octane was Rs30, but as per the International Monetary Fund’s conditions, the approval of increasing the PDL on high-octane petrol has been given.

The sources further stated that the approval of imposing a complete percentage of PDL on high-octane petrol has been given.

 

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