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Petroleum prices still lower in Pakistan: finance ministry

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The spokesperson to the Finance Ministry, Muzzammil Aslam on Friday has said that the federal government is charging 1.43 sales tax on petrol products.

Taking it to Twitter, Muzzammil Aslam said the price of petrol would have been Rs160 per litre if the government continued to charge 17 per cent sales tax.

He further said that the government has also surrendered a petroleum levy of Rs30 per litre. In this context, the government is not charging Rs35 from the masses else the petrol price would have been Rs180 per litre.

The government early Friday jacked up the prices of petrol and diesel by more than Rs8 per litre.

According to a notification issued by the Finance Division, the price of petrol has been hiked by Rs8.03 to Rs145.82 per litre while that of high-speed diesel by Rs8.14 to Rs142.62 per litre.




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