Govt raises petroleum levy on high-speed diesel

MG News | April 17, 2025 at 12:50 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 17, 2025 (MLN): The federal government increased the Petroleum Levy (PL) on High-Speed Diesel (HSD) by Rs7.01 per litre, said a notification issued by the Finance Division.

With this revision, the PL on HSD has risen from Rs70 to Rs77.01 per litre.

The increase in levy comes despite a decline of Rs6.72 per litre in ex-refinery prices of HSD, following a drop in international oil prices.

Meanwhile, margins for Oil Marketing Companies (OMCs) on HSD remained unchanged at Rs7.87 per litre.

The new levy rate will be applicable from April 16 to April 30, 2025.

To recall, the federal government kept fuel prices unchanged, with petrol at Rs254.63/litre and high-speed diesel at Rs258.64/litre.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,680.00	60,680.00 59,790.00	685.00 1.14%
BRENT CRUDE	73.08	75.13 71.38	-2.18 -2.90%
RICHARDS BAY COAL MONTHLY	103.50	0.00 0.00	0.25 0.24%
ROTTERDAM COAL MONTHLY	113.35	114.25 113.00	-0.05 -0.04%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	70.24	71.86 68.56	-1.68 -2.34%
SUGAR #11 WORLD	14.55	14.68 14.02	0.45 3.19%