Latest News

Govt retains prices of petrol and HSD till Nov 15

The caretaker government Tuesday maintained the price of petrol at Rs283.38 per litre.

The caretaker government announced to retain the prices of Petrol and High-Speed Diesel (HSD) till Nov 15.

According to a notification from the Ministry of Finance, the price of petrol is Rs283.38 per liter and Rs303.18 per liter for HSD.

however, the prices of light diesel have been reduced by Rs3.40 per liter and kerosene oil by Rs3.82 per liter for the next fortnight.

After the new reduction in the prices of petroleum products, the rate of kerosene oil has dropped to Rs211.03 per liter and light diesel oil to Rs189.46 per liter.

The rates will remain in place till November 15.

Products Existing price New price Increase/decrease
Petrol Rs283.38 Rs283.38 Rs0
High-Speed Diesel (HSD) 303.18 303.18 Rs0
Kerosene oil Rs214.85 Rs211.03 Rs-3.82
Light diesel oil Rs192.86 Rs189.46 Rs-3.40

Meanwhile, the interim government is charging zero general sales tax (GST) on all petroleum products while the rate of petroleum levy (PL) on petrol is Rs60 per liter.

The development comes a day after the federal cabinet approved a sharp increase in the natural gas tariff by up to 172% for domestic consumers, tandoors, and general industries, including export-oriented sectors, captive power plants, CNG and IPPs, and commercial sectors.

Saman Siddiqui

I am a freelance journalist with a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies. Since 2006, I have been involved in various capacities within the electronic media industry. At OyeYeah, I cover diverse genres ranging from journalism and fiction to fashion, including reviews and fact-finding reports.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button