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Federal government decided to keep the prices of petroleum products unchanged

Web Desk by Web Desk
November 1, 2022
in Latest, National, Pakistan
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Govt likely to increase Petrol Prices by 20 Rupees

Govt likely to increase Petrol Prices by 20 Rupees

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Addressing a press conference in Islamabad, Finance Minister Ishaq Dar has said that the government has decided to keep the prices of petroleum products unchanged for the next 15 days.

The current prices for petrol are Rs224.80 per litre, Rs235.30 for Highs Speed Diesel (HSD), Rs186.50 for Light Diesel, and Rs191.83 for kerosene oil.

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Also Read : Rupees once again get stronger against the Dollar after Ishaq Dar’s meeting with State Bank Officials

Finance Minister Ishaq Dar also said that today (October 31) was the last date for filing income tax returns. “However, on the request of representations of the tax bar association and the business community, the government has decided to extend the date to Nov 30,” he added.

The finance minister said that last month there were about 8000 pending payments of letters of credit (LCs), out of which 4400 cases of up to $50,000 had already been cleared while now after the government’s decision of increasing the threshold up to $100,000, 1365 more cases would be cleared.

“I met with the Governor SBP in Karachi on Sunday, and with the consent of the State Bank of Pakistan (SBP), the government has approved the increase of the threshold up to $100,000”, he added. He said implementation on the decision would be implemented from tomorrow.

Remember that the PDM Government on October 15 also decided to keep the prices of petroleum products unchanged.

Tags: burj newsFinance Minister of PakistanIshaq Darpdm govermentPetroleum divisionPetrolpricesPML-Npmshahbazsharif
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