Govt increases fuel levy to give consumers relief in power tariff
Business
The federal government has increased petrol levy by Rs10 per litre
ISLAMABAD (Dunya News) – The federal government has a plan to give consumers maximum relief in electricity tariff, with increasing fuel levy, Dunya News reported here on Saturday.
According to sources, the federal government has increased the petrol levy by Rs10 per litre.
The levy on petrol has been increased from Rs60 to Rs70; the levy on diesel has been increased from Rs60 to Rs 70 per litre.
No relief of Rs9. 53 has been given in the price of petrol; similarly the relief of Rs9.17 has not given in the price of diesel.
With this increase in petroleum, an income of Rs50 billion is expected in next 16 days, sources revealed.
By raising the levy, the extra money will be spent on relief in electricity bills, it is learnt.
Earlier, The federal government on Saturday kept the prices of petroleum products unchanged for the next fortnight.
According to a notification issued by the Finance Ministry, the prices of petrol, diesel, kerosene oil and light diesel will remain unchanged.
As per the notification, the price of petrol will be Rs255.63 per litre while the price of high-speed diesel will be Rs258.64 per litre for the next 15 days.
