The federal government has announced a price increase for petroleum products. According to a notification issued by the finance ministry, the price of petrol has increased by Rs. 4.53 per litre to Rs. 293.94, while the price of high-speed diesel has increased by Rs. 8.14 per litre to Rs. 290.38.
It is worth noting that at the last fortnightly review of petroleum prices on March 31, the government raised the price of petrol by Rs. 9.66 per litre. However, the price of high-speed diesel was reduced by Rs. 3.32 per litre.
The government is currently collecting Rs. 60 per litre of petroleum levy, the maximum permissible limit by law, on both petrol and high-speed diesel.
To read our blog on “Govt. to tell news on Fuel prices tomorrow,” click here