Islamabad (Daily Pakistan Online) Federal Finance Minister Ishaq Dar has announced a reduction in the prices of petroleum products.
Addressing the news conference, Ishaq Dar announced a reduction in the price of petrol by 12 rupees 63 paise. He said that the price of high speed diesel has been reduced by 12 rupees 13 paise, light diesel by 10 rupees 78 paise. The reduction in the prices of petroleum products will be implemented from 12 pm tonight.
The federal government has set a levy of Rs 32 42 paise on petrol, while the levy on diesel has been set at Rs 12 58 paise per litre. Kerosene oil has been set at Rs 15 per litre, while the levy on light diesel oil has been set at Rs 10 per litre. The government has not imposed any sales tax on petroleum products.