ISLAMABAD: The federal government has decided a significant increase in the petroleum levy on petroleum products.
Federal Minister Finance and Revenue Senator Muhammad Aurangzeb has said that the government proposed an increase of 33 percent on petrol and diesel, The National Assembly proposed an increase of levy on petrol and diesel from Rs.60 to Rs. 80 per litre.
Similarly, the proposal sought a 50 percent increase in the levy on high-octane, light diesel, and ethanol has been increased. After approval of the proposal, Rs 50 would be charged on per litre high-octane, light diesel, and ethanol
