KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
PM decides to not change prices of petroleum products
In order to provide relief to the common man, the Prime Minister has decided to maintain the prices of petroleum products at the level May 1 and a fortnight before that.
According to the Ministry of Finance, the government has to adjust the Petroleum levy and sales tax as well on Superior Kerosene Oil and Light Diesel Oil to maintain the same prices.
It is pertinent to mention here that the government will bear a revenue loss of 2.77 billion rupees for maintaining the same prices.
The prices from today onwards will be as follow:
Ms petrol Rs.108.56 / liter, High Speed Diesel Rs.110.76/liter, Supreme Kerosene Oil. Rs. 80.00/liter.
Light Diesel Oil. Rs.77.65/liter
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