Prices of petroleum products likely go up by Rs10.50 per litre

Govt to keep petrol price for june unchanged


A statement from the Financial Secretary stated that the government announced on Monday that it had decided to maintain the prices of petroleum products unchanged in the first half of June.

According to the statement, Prime Minister Imran Khan decided to maintain the prices of petroleum products as on May 17, 2021.

The statement read: “Since April 16, 2021, the government has not adjusted the sales tax and petroleum tax to increase the price of petroleum products. Therefore, the price of basic goods has not risen correspondingly and provided the most relief for ordinary people. “

The prices effective from June 1, 2021 are as follows:

  • Petrol Rs108.56 per litre
  • High-speed diesel Rs110.76 per litre
  • Kerosene oil Rs80.00 per litre
  • Light diesel Rs77.65 per litre

On May 15, the government decided to keep the prices of petroleum products unchanged for the remaining months of May.

“The petroleum products price will remain the same till May 31,” the State Minister for Information and Broadcasting Farrukh Habib had said, adding Prime Minister Imran Khan had decided not to burden the people despite increasing rates in the international market.

The minister had claimed the national exchequer would suffer a loss of Rs2.77 billion if the rates of petroleum products are not increased.

“The government has not only adjusted petroleum levy but also reduced the sales tax on light diesel and kerosene oil.”

Therefore, until May 31st, gasoline prices continued to be 108.56 rupees per liter, 110.76 rupees per liter for diesel, 80 rupees per liter for kerosene, and 77.65 rupees per liter for light diesel.

You may also like

%d bloggers like this: