pakistan
Inside the fuel price cut: Govt slashes petrol levy, raises tax on diesel
Key takeaways
- According to sources, the government slashed the petroleum levy on petrol by Rs 40.49 per litre, bringing the new levy down to Rs 66.25 per litre.
- Conversely, the levy on high-speed diesel was increased by Rs 19.71 per litre, pushing the total levy on diesel up to Rs 72.97 per litre.
- Furthermore, the levy on kerosene oil has been set at Rs 20.36 per litre, while the levy on light diesel oil stands at Rs 15.84 per litre.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Following the government’s decision to reduce petrol and diesel prices by Rs 74 and Rs 67 per litre, respectively, details have emerged showing significant adjustments to the petroleum levy, ARY News reported on Friday, citing sources.
According to sources, the government slashed the petroleum levy on petrol by Rs 40.49 per litre, bringing the new levy down to Rs 66.25 per litre.
Conversely, the levy on high-speed diesel was increased by Rs 19.71 per litre, pushing the total levy on diesel up to Rs 72.97 per litre.
Article preview — originally published by ARY News. Full story at the source.
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