The Pakistan LPG Marketers Association says LPG prices may rise. The price may go up by Rs30 per kg. Higher taxes cause this rise. The petroleum development levy (PDL) has gone up. The new PDL is much higher.
Vice-Chairman Ali Haider spoke about this issue. He says the new tax policy is bad. It will hurt the industry. It will hurt consumers too. The government must review these changes.
The new tax memo for FY25 shows a big rise in PDL. The PDL for local LPG went up a lot. It was Rs4,669 per tonne. Now it is Rs30,000 per tonne. This is a big change.
Also, the government has a new sales tax. Imported LPG now has an 18% sales tax. This is a big part of the LPG supply. About 65% of LPG comes from imports.
LPG Association Demands Fair Tax Policy Review
The higher prices will affect many people. Many homes use LPG. Many industries use LPG. The price rise will hurt them. The LPG association wants the government to change this. They want a review of the new taxes.
They say the high PDL and sales tax are bad. It will make LPG too expensive. People will not be able to buy it. Industries will suffer too.
The Vice-Chairman warns of serious problems. The new tax policy is very harmful. It will affect millions. The government should listen to these concerns.
The LPG association hopes for a quick review and also want the taxes to be fair. The association want LPG to stay affordable. They want to protect consumers and the industry.
The potential price rise is a big worry. It shows how policy changes can impact everyone. The LPG association will keep speaking up. They want a good solution.
To read our blog on “Weekly inflation gets 34% due to high vegetable, LPG & more,” click here.
