ISLAMABAD: The government has increase prices of all petroleum products by Rs3.50 per litre for the month of June.
The PML-N government has also reduced petroleum levy on almost all products, general sales tax on high speed diesel from 32 to 28 per cent and increased GST on petrol from 17 to 19pc.
The price of petrol was increased by Rs3.50 to Rs77.79 from Rs74.29 per litre, while the levy on petrol was reduced from Rs10 to Rs8.30 per litre, however, the GST was increased by two per cent. The price of high speed diesel (HSD) was surged by Rs3.51 to Rs87.12 from Rs83.41 per litre. Petroleum levy on HSD was slightly brought down to Rs7.76 from Rs8 per litre.
The federal government has increased the price of kerosene by Rs3.50 to Rs64.94 from Rs61.44 per litre. The petroleum levy was reduced from Rs6 to Rs3.41 per litre. The price of high octane blending component (HOBC) was hiked by Rs3.50 to Rs83.81 per litre.
