Iftar Timings Mar 29 - Ramazan 18

Lahore
LHR
06:20 PM
Karachi
KHI
06:47 PM
Islamabad
ISB
06:26 PM
Peshawar
PWR
06:31 PM
Quetta
QTA
06:49 PM

News

PM Shehbaz announces not to increase petroleum prices

April 15, 2022 09:00 PM


Prime Minister Shehbaz Sharif announced not to increase the prices of petroleum products, 24News HD TV channel reported on Friday.

Earlier, the Oil and Gas Regulatory Authority (OGRA) has sent the working for increasing prices of petroleum products, suggesting a record raise.

The regulatory body prepared the working on the basis of minimum and maximum rates of petroleum levy and GST. 

It proposed Rs51.32 per litre surge in the price of high-speed diesel while petrol price by Rs 21.30 per litre and an increase in the price of kerosene by Rs36.5 per litre while the price of light diesel by Rs38.89 per litre in the recommendations

Working has also been prepared by levying Rs30 on petrol and diesel and 17% GST.

Accordingly, it was proposed to increase the price of high-speed diesel by Rs 119 per litre increase petrol price by Rs 83.50 per litre and the price of kerosene by Rs 77.56 per litre.

Under the second working, a proposal has been sent to increase the price of light diesel by Rs 77.31 per litre. Prime Minister Shahbaz Sharif will seal the fate on April 16.

Before coming to power after ousting Imran Khan  from the premiership, Shehbaz Sharif kept on criticising the former's team to deal with oil price control  matters

He called the increase an act of oppression on the part of the government which was not only ‘corrupt’ but also a ‘liar’,  

In a statement, he said there was no end in sight to the inflation as long as the Pakistan Tehreek-i-Insaf (PTI) was in office.



Most Read

  1. Man murders young sister by smothering her with pillow in Toba Tek Singh Man murders young sister by smothering her with pillow in Toba Tek Singh
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  4. Sahiba meets her father for the first time Sahiba meets her father for the first time
  5. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba
  6. ‘Khaie's incredible ending receives rave reviews and big applause ‘Khaie's incredible ending receives rave reviews and big applause

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer