Events

Monday 2 May 2016

PM Nawaz slashes power tariff, maintains petroleum prices for May


Nawaz Sharif slashed power tariff while maintained petroleum products’ prices in an address after performing groundbreaking of Havelian-Thakot motorway on Thursday.
According to the Petroleum Ministry, the GST on petrol was cut from Rs 14.48 to Rs 12.89 per litre for May to keep the people from affects of increasing crude price in the international market.
GST on high octane is fixed at Rs 13.90 from the previous Rs 18.57 per litre, that on light diesel at Rs 4.72 from Rs 9.63 per litre while tax on high speed diesel has been maintained at Rs 29.57 per litre.
General Sales Tax on kerosene oil is also cut to Rs 4.76 from Rs 10.40 per litre and that on high octane oil to Rs 13.90 from 18.57 per litre. 

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