Latest Petrol Prices in Pakistan – 1 July 2022


The Petrol Costs in Pakistan have been elevated from 1 July 2022 on the directives of Prime Minister Shehbaz Sharif and a notification has been issued by the Finance Division on this regard.

Petrol Prices in Pakistan, Petrol Price in Pakistan, Petrol Prices, Petrol Price, Diesel Price, OGRA
Newest Petrol Costs in Pakistan – 1 July 2022

In response to the announcement, Petrol Value in Pakistan has been elevated by Rs. 14.85 per litre, whereas the Value of Excessive-Velocity Diesel (HSD) in Pakistan has been hiked by Rs. 13.23 per litre. In the meantime, the Value of Kerosene Oil shall be elevated by Rs. 18.83 per litre and the Value of Gentle Diesel Oil (LDO) shall be hike by Rs. 18.68 per litre.

It will deliver the Value of Petrol in Pakistan at Rs. 248.74 per litre, whereas the Value of Excessive-Velocity Diesel will now be Rs. 276.54 per litre after the rise. In the meantime, the brand new Value of Kerosene Oil shall be Rs. 230.26 per litre and Gentle Diesel Oil (LDO) will now be offered at Rs. 226.15 per litre.

Petrol Costs in Pakistan From 1 July 2022

PRODUCT

CURRENT PRICE (PKR)

NEW PRICE (PKR)

Change (PKR)

Petrol

233.89

248.74

+14.85

Excessive Velocity Diesel (HSD)

263.31

276.54

+13.23

Kerosene Oil

211.43

230.26

+18.83

Gentle Diesel Oil (LDO)

207.47

226.15

+18.68

Petrol Costs From 1 July 2022

It bears mentioning that the Federal Authorities has added petroleum levy of Rs. 10 per litre on Petrol, Rs. 5 per litre on Excessive-Velocity Diesel, Kerosene, and Gentle Diesel Oil (LDO), respectively. The Newest Petrol Costs in Pakistan will come into impact from 1 July 2022.

“In view of the fluctuations in petroleum costs within the worldwide market and trade price variation, the Authorities has determined to use petroleum levy partially and revise the present costs of petroleum merchandise as agreed with the event companions.” said the notification.

Petrol Prices in Pakistan, Petrol Price in Pakistan, Petrol Prices, Petrol Price, Diesel Price, OGRA

It was initially being reported that coalition authorities deliberate to extend the Petrol Value in Pakistan by Rs. 4.55 per litre, whereas they deliberate to hike the value of Excessive-Velocity Diesel (HSD) by Rs. 16.89 per litre. Nevertheless, these costs have been labored out with out the imposition of petroleum levy (PL) and Normal Gross sales Tax (GST).

If the Federal Authorities provides petroleum levy of Rs. 10 per litre and 17% GST, the Petrol Value will would have risen round Rs. 290 per litre, making life hell for the poor and middle-class of the nation with large inflation.

It’s pertinent to say that Petrol Costs in Pakistan have been elevated by over Rs. 100 per litre ever because the coalition authorities got here to energy after ousting Imran Khan as Prime Minister via a no-confidence movement. The incumbent authorities has up to now blamed the earlier PTI authorities for all of the challenges, whereas inflation has been on the rise since they got here to energy.

Learn extra: PM Sasta Petrol, Sasta Diesel Aid Bundle – Apply.

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