Pakistan is contemplating a potential restriction on cash payments for fuel purchases at petrol pumps as part of an effort to promote digitalization and curb financial irregularities.
As of April 28, 2023, the prices of petroleum products in Pakistan are as follows: MS (Petrol) – Rs282 per liter, High Speed Diesel Oil (HSD) – Rs293 per liter, Kerosene (SKO) – Rs186.07 per liter, and Light Diesel Oil (LDO) – Rs174.68 per liter.
KARACHI: Pakistan has prepared working for provide low-priced petrol to lower-income group of the society, a minister said on Wednesday.
ISLAMABAD: Pakistan on Wednesday kept the prices of petrol and high speed diesel (HSD) for next fortnight starting December 01, 2022. However, the prices of kerosene oil and light speed diesel (LDO) reduced by Rs10 per liter and Rs7.5 per liter, respectively. READ MORE: Pakistan to decide petroleum prices effective from December 01, 2022 Finance […]
ISLAMABAD: Pakistan likely to impose tax on petroleum products to avert imminent shortfall in revenue collection. Reports suggested that the Federal Board of Revenue (FBR) – the apex tax collecting agency of the country – is anticipating massive revenue shortfall in coming months due to no tax on petroleum products besides slowdown in economic activity. […]
The prices of petroleum products in Pakistan will go up with the imposition of sales tax, which presently at zero per cent. Analysts AKD Research Tuesday stated that with the IMF consistently conveying concerns over possible shortfall on account of petroleum development levy (PDL), the government is looking towards a contingency plan by taking up […]
ISLAMABAD: Pakistan has sufficient stock of fuel to meet the domestic requirement of the country, an official statement said on Tuesday. The statement has clarified the news reports circulated regarding fuel shortage. It said the reports are baseless and contrary to facts. On November 7, 2022 the petrol stocks are around 550,000 Metric Tons which […]
ISLAMABAD: The government of Pakistan on Monday decided to keep the petroleum prices unchanged for next fortnight starting from November 01, 2022. Finance Minister Ishaq Dar announced the decision to keep the prices unchanged for next 15 days. “The government has decided to keep the prices of Petrol, High Speed Diesel, Light Diesel, and Kerosene […]
ISLAMABAD: Pakistan is set to review petroleum prices on October 31, 2022, as the government is facing challenges including long march initiated by leading opposition party and rising benchmark Brent crude rates in international markets. The present coalition government led by PML-N is under immense pressure since coming into power in April 2022. This government […]
ISLAMABAD: The prices of petroleum prices in Pakistan as of October 21, 2022 is as follow: The rate of petrol is Rs224.80 per liter. The price of high speed diesel is Rs235.30 per liter. The rate of Kerosene oil is Rs191.83 per liter. The price of light diesel oil is Rs186.50 per liter. READ MORE: […]