Motorcycle owners get another relief in Punjab
Key takeaways
- Add ARY News on Google AAResize LAHORE: Punjab Chief Minister Maryam Nawaz has taken a significant step toward providing relief to the masses burdened by soaring fuel prices, ARY News reported.
- In a social media post, the Chief Minister Punjab announced the waiver of transfer fees for motorcycles up to 150cc.
- Following this hike, petrol prices climbed to Rs 414.78 per litre, while HSD reached Rs 414.58 per litre.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize LAHORE: Punjab Chief Minister Maryam Nawaz has taken a significant step toward providing relief to the masses burdened by soaring fuel prices, ARY News reported.
In a social media post, the Chief Minister Punjab announced the waiver of transfer fees for motorcycles up to 150cc. This follows the federal government’s decision last Friday, May 9, to increase the petroleum levy on both petrol and high-speed diesel (HSD) by Rs 15.
Following this hike, petrol prices climbed to Rs 414.78 per litre, while HSD reached Rs 414.58 per litre. The government officially issued a notification confirming the uptick in petroleum prices. This marks the fifth time since the start of the Iran War that the government has increased the prices of petroleum products in the country.