Petroleum cost surpasses Rs 145 for each liter after alleviation bundle.

Petroleum cost surpasses Rs 145 for each liter after alleviation bundle.

Petroleum cost surpasses Rs 145 for each liter after alleviation bundle.

Notification of increase in prices of petroleum products was issued by the Finance Division after midnight.

ISLAMABAD: After the announcement of historic relief package for the people by Prime Minister Imran Khan, the government has increased the prices of petroleum products by Rs 8.14 paise. It is to be noted that Prime Minister Imran Khan had earlier this week stopped the rise in prices of petroleum products in view of the protests of Tehreek-e-Lubaik Pakistan.

According to the notification, the price of petrol has been increased by Rs 8.03 from Rs 137 79 paise to Rs 145 82 paise. In addition, the price of high speed diesel (HSD) has been increased by Rs 8 14 paise. The new price of D has gone up to Rs 142.62 paise. In addition, the price of kerosene has been increased by Rs 6.27 paise while the price of light diesel has been increased by Rs 5.72 paise, after which kerosene is now priced at Rs 116.53 paise and light. Diesel will be available at Rs 114 for 7 paise.

It may be recalled that the government had refused to increase petrol prices on November 1 after 15 days as usual and a statement issued by the Prime Minister's Office in this regard said that the Prime Minister had raised the prices of petroleum products in the interest of the people and relief to them. It has decided to keep the supply, but just four days later, the government raised prices by issuing a notification between Thursday and Friday night.

Just two days earlier, the Prime Minister had launched the largest welfare program in the history of Pakistan under which a relief package of Rs 1.20 trillion was announced for 20 million families. However, he warned the public that global oil prices have risen by 100 per cent, forcing the government to raise petrol prices, failing which the country's deficit would rise further, according to a notification from the Finance Division. It was said that on November 1, the Prime Minister had not agreed to cross the OGRA and Finance Division and had directed to maintain the rates on October 16.

The notification added, however, that it was important to note that some of the main concerns regarding the October 16 prices were cash flow problems due to short recovery in costs, as well as claims that previous prices of petroleum products Consumers were already provided significant relief. The notice said that the costs of oil based goods have been to some extent expanded since, in such a case that the public authority had acknowledged OGRA's recommendations; the new costs would have been a lot higher. He has borne the brunt of the change.



It very well might be reviewed here that the public authority had on October 16 expanded the costs of oil based goods by up to Rs. At the beginning of the year 2021, on January 1, the PTI government had increased the prices of petroleum products by about Rs. 7 per liter, followed by petrol at Rs. 106 and diesel at Rs. 110 per liter. In the 11 months from January to November 05, the prices of petrol products have gone up by more than Rs 39.





Big increase in petrol price, Mohammad Amir explained the solution

· Wherever you go, walk, don't use the car: Former Fast Boiler's Twitter message.

LAHORE - National cricketer Mohammad Aamir, responding to reports of a sharp rise in prices of petroleum products in the dark of night, also offered an easy solution to the problem. Mohammad Aamir, responding to a tweet from a female journalist about the new petrol and diesel prices, said: "You just have to be patient. Don't use.





Decrease in petroleum and diesel costs in India.

New Delhi: In the wake of Diwali in India, the government has significantly reduced the price of petrol and diesel.

According to Indian media, the government has reduced the excise duty on petrol by Rs 5 per liter, while the duty on diesel has been reduced by Rs 10, while the price of petrol and diesel has been reduced by Rs 15 per liter since Thursday.

It should be noted that various states of India impose VAT and excise duty on the basis of levy tax imposed by the Center. Thus, in states where the value of VAT is higher, it is expected to decrease even more, but it is expected to be announced soon.

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