Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

13% cut in POL prices: Transporters reject 20% reduction in fares

byCustoms Today Report
02/01/2015
in Business
Share on FacebookShare on Twitter

KARACHI: Despite 13 per cent reduction in petroleum, oil & lubricant (POL) prices, the public transporters in metropolis have rejected the government’s demand of slashing 20 per cent fares.

The Sindh Transport Department has issued a notification to all transporters for reducing fares by 20 percent after reduction in petroleum prices. However, the transporters said that the public transport vehicles were operating on CNG and their prices were still same.

You might also like

President summons NA, Senate budget sessions on June 5

30/05/2026

Gohar Ejaz introduces sample one-page income tax return form

29/05/2026

Karachi Transport Ittehad President Irshad Bukhari said that the most of the public buses used CNG but their fares were calculated on the basis of diesel consumption. He said there had been no change in CNG prices so it was unlikely that the transporters would follow the government’s directive for fare reduction.

However, he said, an emergency meeting of transporters’ organisations had been called on Friday (today) to discuss the matter further.

According to the notification issued by the transport department, the fare for air-conditioned coaches and HiAce vans has been decreased to Rs1.40 per kilometre, while the rate of non-air-conditioned vehicles has decreased from 82 paisas per kilometre to 75 paisas.

According to an agreed-upon formula of gradual decrease in fares up to 20 percent between the government and transporters as mentioned in the notification, there will be an eight percent reduction in goods’ transport fares to help decrease the prices of daily commodities such as edible items.

Related Stories

President summons NA, Senate budget sessions on June 5

byCT Report
30/05/2026

ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...

Gohar Ejaz introduces sample one-page income tax return form

byCT Report
29/05/2026

LAHORE: The Chairman of Economic Policy and Business Development of Pakistan and a former caretaker federal minister, Gohar Ejaz, has...

Petrol pump owners demand end to weekly fuel price changes

byCT Report
25/05/2026

LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

byCT Report
23/05/2026

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

Next Post

iBall Andi4L Pulse first Smartphone in company's line-up to run Windows Phone 8.1 at Rs. 4,899

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.