Islamabad July 15 2023: Government of Pakistan decided to cut petroleum prices for next fifteen days, announced by country's Finance Minister Muhammad Ishaq Dar.
The government has kept the rate of Petroleum Levy unchanged while setting new petroleum prices.
"The price of Petrol will be reduced by PKR 9 per liter to PKR 253 per liter and HSD price is cut by PKR 9 per liter to PKR 253.5 per liter" says Ishaq Dar.
The new prices will be effective from 16th July, 2023, as per notification issued by finance division.
Pakistan is collecting Petroleum Levy of PKR 50 per liter on HSD and PKR 55 per liter on Petrol while the rate of sales tax is 0 percent on all petroleum products.
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