ISLAMABAD – People get a sigh of relief as petrol price slides down by Rs40 per litre for the second half of October 2023.
New Petrol Price in Pakistan
POLs | Rs/Litre |
---|---|
Super | 283.38 |
Diesel | 304.05 |
Levy on Petroleum Products
The government currently receives petroleum development levy of Rs50 per litre on per litre high-speed diesel. The government could also keep the price unchanged by increasing levy Rs10 per litre as it aims at collecting Rs869 billion in levy during the current fiscal year in line with the IMF condition.
Currently, the government is charging about Rs82 per litre tax on petrol and Rs73 on HSD.
Latest petrol price in Pakistan October 2023
POLs | Price |
---|---|
Petrol | Rs283.38 |
Diesel | Rs304.05 |
Will Russian oil help reduce petrol prices by Rs30 per liter?