Govt Increases Petrol Tax to Rs161 per Litre, Sets New Price at Rs459 per Litre

Govt increases petrol tax to Rs161 per litre, sets new price at Rs459 per litre

High-speed diesel price increased by 55% to Rs521 per litre

Industry Demands Immediate Removal of Rs. 161 Petrol Tax Amid Price Surge

The Federation of Pakistan Chambers of Commerce & Industry has called for the immediate abolition of the Rs. 161 per litre Petroleum Development Levy (PDL), warning that soaring fuel prices pose a serious threat to Pakistan’s economy. FPCCI President Atif Ikram Sheikh said the sharp rise in petroleum prices could lead to de-industrialization, disrupted supply chains, and rising inflation, describing the […] The post Industry Demands Immediate Re…

Pakistan hikes fuel prices sharply; petrol up 43%, diesel surges 55%

Islamabad: The Pakistan government has announced a sharp increase in fuel prices, with petrol rising by 43 per cent and high-speed diesel (HSD) by 55 per cent, according to local media reports. The price of petrol has been raised by Pakistani Rupees (PKR) 137.23 per litre from PKR 321.17 to PKR 458.41 while price of HSD has been increased by PKR 184.49 per litre from PKR 335.86 to PKR 520.35, Pakistan's leading daily Dawn reported. The price of …

Oil tankers contractors to call strike over diesel price hike

KARACHI: Habibullah Afridi, president of the Oil Tankers Contractors Association, issued a stark warning on Thursday night, calling for a complete strike by fuel transporters in response to the government’s recent diesel price increase announced on April 2. In a video statement, Afridi urged all oil tanker owners to cease loading fuel until transport fares are substantially increased to offset rising operational costs. “The recent increase in di…

Petrol Price Hits Rs. 458 After Major Hikes In Recent Weeks

Petrol prices in Pakistan have reached a shocking Rs. 458 per litre, creating serious problems for millions of people. Not long ago, petrol was around Rs. 200–220, then it increased to about Rs. 322, and now it has jumped close to Rs. 458. This rapid rise has made daily life much more expensive. Petrol Prices Touch An All Time High In Pakistan The biggest impact is on the middle class and lower-income families. According to recent World Bank da…

Pakistan Fuel Prices: Islamabad Hikes Petrol Price by Record Rs 137 per Litre, Diesel Surges Rs 184, Effective Midnight; Petroleum Minister Blames Rising Global Oil Costs

Pakistan Hikes Fuel Price: The Pakistani government sharply increased fuel prices on Thursday, with petrol jumping by a staggering Rs 137 per litre to Rs 458.40 and diesel surging by Rs 184.49 to Rs 520.35 per litre, delivering a massive blow to inflation-weary citizens. The new prices took effect from midnight, Petroleum Minister Ali Pervaiz Malik announced at a press conference alongside Finance Minister Muhammad Aurangzeb. The hike comes as g…