FBR releases notification for hike in petroleum products - News Summed Up

FBR releases notification for hike in petroleum products


ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday released the notification for an increase in prices of petroleum products. The new price of kerosene oil is Rs96.77 per litre with 17 pc GST which was jacked up from eight per cent. On May 3, the Economic Coordination Committee (ECC) meeting here on Friday approved an increase in prices of petroleum products by as much as Rs. With the increase, per litre price of petrol would stand at Rs. Prime Minister Imran Khan had moved the matter of petroleum prices to the ECC after Oil and Gas Regulatory Authority (OGRA) had recommended increasing petrol prices by over Rs.


Source: Pakistan Today May 05, 2019 07:18 UTC



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