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Petrol and diesel price may increase in Pakistani from May 1st. The price of petrol may go higher by Rs5.75 per litre and the price of diesel possibly increase by Rs6 per litre. OGRA (the Oil and Gas Regulatory Authority) has sent the summary of the price range to Petroleum Division by considering the current levy rate on petrol.
The current tax rate on petrol is Rs 11.23 on every lite and on diesel, the current levy rate is Rs15.29 per litre. The Ministry of Finance will be taking an ultimate decision once the meeting with PM Imran Khan is finalized.