Tue, 21-Oct-2025

Watch Live

logo-black

Download App

اردو

petrol

OGRA recommends levying GST on petrol, diesel

by

Price of petrol, diesel could be further increased OGRA recommended levying GST on petrol, diesel It has also sought Rs10-15 per lite increase in diesel price ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the prices of petroleum products. The regulatory authority has sent a summary to the federal government … Read more

Petrol prices expected to rise by more than 13 rupees

by
Petrol
  • OGRA proposed two summaries.
  • An increase in the price of Diesel has also been proposed.
  • Mr. Ishaq Dar will make the ultimate decision.

Islamabad:  Oil and Gas Regulatory Authority (OGRA) has proposed two summaries to modify the prices of petroleum products as per the IMF conditions the petrol prices are likely to increase by more than 13 rupees.

Oil and Gas Regulatory Authority (OGRA) has sent the summaries to the government to modify the prices of petroleum products, as per sources. 

It has been proposed to impose GST from 2 to 5 percent on petroleum products as per the conditions of the IMF. Based on the summary approval, a 2% GST will be implemented, raising petrol prices by Rs. 5.55, while a 5% GST will raise petrol prices by Rs 13.60.

An increase in the price of Diesel by Rs 10 to Rs 15 has also been proposed.

The OGRA proposal also says that prices can also be maintained by levying taxes commensurate with global markets.

Mr. Ishaq Dar (Finance Minister) will make the ultimate decision considering the dollar rate and the oil prices in the global market. The decision will commence after consulting with the Prime Minister.

[embedpost slug=”/lhc-seeks-response-from-ogra-over-increased-petrol-prices/”]

Read more

Goods transporters hike fares after increase in fuel costs

by
Goods transporters

Goods transporters have increased fares by 25% The decision was made after a raise in fuel prices Public transporters have also hiked prices by 10% Goods transporters have increased fares by up to 25 percent after the hike in prices of petroleum products, Bol News reported. Karachi Goods Carrier Association General Secretary Ghulam Muhammad Afridi … Read more

Govt announces hefty increase in petrol, diesel prices

by
Diesel Prices

The federal government on Sunday increased the price of petrol and diesel by a staggering Rs35 per litre in the country. Federal Minister for Finance and Revenue Senator Ishaq Dar announced that increased in the prices of Petrol and High-Speed Diesel (HSD). The prices of kerosene oil and light diesel have been increased by Rs18 … Read more

France’s transport minister provides assurances about petrol supplies

by
Petrol
  • Clement Beaune stated on Tuesday that there was enough petrol in the country.
  • All unions have scheduled a nationwide day of strike action on Thursday.
  • Public transportation, air travel, and schools have said they will participate.

French Transport Minister Clement Beaune stated on Tuesday that there was enough petrol in the country as a national strike loomed this week.

“As of today, there are petrol stocks,” Beaune said.

All unions have scheduled a nationwide day of strike action on Thursday, and workers in critical sectors like as electricity, public transportation, air travel, and schools have said they will participate.

Last week, France‘s CGT trade union called for refinery strikes in protest of plans to make employees work longer before they can retire, while Paris metro unions warned they would do “all in their power” to stop the pension reform.

[embedpost slug=”/hockey-world-cup-france-defeated-south-africa-in-pool-a-match/”]

Read more

Govt to retain prices of petroleum products: Ishaq Dar

by
petrol prices

Govt has decided to retain prices of petroleum products Finance Minister Ishaq Dar made the announcement Prices will remain unchanged till Jan 15   ISLAMABAD: The government has decided to maintain the existing prices of petroleum products for the next fortnight starting January 1, 2023. This was stated by Finance Minister Ishaq Dar in a … Read more

California will outlaw the sale of all-petrol automobiles by 2035

by
California

California will take a major step toward combating climate change by outlawing the sale of new gasoline-only vehicles by 2035. The new regulations are designed to compel automakers to speed up the release of cleaner automobiles on the market. Its gross domestic product would place it ahead of the United Kingdom as the fifth-largest economy … Read more

Govt not responsible for fixing petrol prices: PML-N’s Abbasi

by
Abbasi

KARACHI: An accountability court on Wednesday heard a reference against PML-N stalwart and former prime minister Shahid Khaqan Abbasi for illegal appointments in the Pakistan State Oil (PSO). Ex-PM Abbasi and other accused appeared in court. The lawyer of the co-accused Sheikh Imran-ul-Haq sought time to give arguments. He said the accountability court can hear … Read more

Fuel adjustment charges will decrease from next month: NA told

by
fuel price

ISLAMABAD: An attention-calling notice was passed in the National Assembly against the additional amount of fuel price adjustment collected through electricity bills. Jamaat-e-Islami MNA Maulana Abdul Akbar Chitrali raised the matter. He said fuel adjustment charges have been imposed of Rs2500 have been imposed on a bill of Rs1800. GDA leader Dr Fahmida Mirza said … Read more

Govt transferred benefit of reduction in oil prices to masses: PM

by
Foreign funding

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said the government has fulfilled his commitment to the nation to transfer the benefit of reduction in fuel prices. In a tweet, the prime minister “In line with my commitment to the nation, the coalition government has been swift to transfer the benefit of reduction in oil prices … Read more

Petrol Price in Pakistan: PM to receive summary on petroleum prices today

by
coalition inflation

ISLAMABAD: Prime Minister Shehbaz Sharif will receive a summary on Wednesday (today) on petroleum prices as the government aims to reduce the price of the commodity. Finance Minister Miftah Ismail said the summary to reduce petroleum prices will be sent to the prime minister for necessary action. He said the prices of petroleum will be … Read more

Maruti Suzuki to phase out pure petrol powered cars

by
Maruti Suzuki

Maruti Suzuki India plans to discontinue production of vehicles that rely solely on petrol power. This comes after the company ended production of diesel vehicles in April of 2020. Maruti has stated that it would not launch a fully electric vehicle before the year 2025. According to a story in the Economic Times on Monday, … Read more

Pakistani celebrities react to the recent increase in petrol prices

by
Pakistani Celebrities
  • After the Government announced the hiked in Petrol Prices, many celebrities reacted to it
  • Needless to say General public was dissatisfied with the decisions
  • Feroze Khan, Ahmed Ali Butt, and others also expressed their dissatisfaction with the recent development.

With the financial crisis worsening by the day, Prime Minister Shehbaz Sharif’s PML-N-led coalition government raised petrol prices by around Rs100 per litre.

[embedpost slug=”pakistani-stars-and-content-going-global-in-2022/”]

Read more

Cost of living crises: An ‘urgent’ assessment of the fuel market is requested

by
Sri Lanka

Pump prices reach new highs. The government orders an “urgent” investigation of the fuel industry by the competition regulator. Business Secretary Kwasi Kwarteng expressed “widespread worry” about the rate of price increases. After pump prices reached new highs, the government ordered an “urgent” investigation of the fuel industry by the competition regulator. In a letter … Read more

Rocketing petrol prices fuel Boris Johnson’s woes

by

Boris Johnson vows to address Britain’s cost-of-living crisis. He is under pressure to move on from a series of scandals, including lockdown-breaching parties. The cost of filling up the average family car surpassed £100 ($125) for the first time. Boris Johnson, Britain’s struggling prime minister, vowed on Thursday to address the country’s cost-of-living crisis, including … Read more

Nepal to reduce tax on petroleum products

by

Due to growing gasoline costs, the Nepali government has decided to reduce taxes on petroleum goods, a minister declared on Friday. Dilendra Prasad Badu, minister for industry, trade, and supply, told the House of Representatives that a cabinet meeting on Monday backed a plan to alter existing tariffs on petroleum products to reduce gasoline prices. … Read more

Iran seizes a foreign ship carrying smuggled petroleum

by
petroleum

Iranian police captured a foreign ship attempting to smuggle petroleum out of the country on Wednesday, according to the state news agency IRNA. Iran, which has some of the world’s lowest fuel costs due to substantial subsidies and the depreciation of its national currency, has been combatting extensive petroleum smuggling by land and sea to … Read more

Iranians protest over government price hikes: reports

by
Iranians

Hundreds of people took to the streets across Iran on Friday to protest the government’s decision to hike the prices of basic products, according to official media. President Ebrahim Raisi unveiled a slew of steps this week to address the country’s economic troubles, including a change in the subsidy structure and price hikes on essential … Read more

LONG QUEUES FOR PETROL STATIONS AS FUEL CRISIS HITS ANOTHER COUNTRY

by

As Laos struggles with a rising fuel shortage, long queues of automobiles have been snaking through the streets of Vientiane in recent days. According to state television, some regions of the isolated communist nation had been experiencing shortages for weeks, but on Monday, the capital’s pumps ran empty. Since September, importers have been affected by … Read more

Endless petrol queues become point of pride in Ukraine

by
petrol

The turret from a rusted tank marking Russia’s closest strengthening closer to northeastern Kyiv lies next to a destroyed petrol station that is famous for the pain of Ukraine’s mounting gas issues. The as soon as-powerful tank was one of the dozens in a column ambushed by way of the outgunned Ukrainian forces at the … Read more

Morocco PM’s petrol business at centre of dispute

by
petrol

Soaring fuel prices in Morocco have re-ignited a debate over the tension between business and politics, with billionaire petrol entrepreneur Aziz Akhannouch, who is also the prime minister, at the centre. Last week, for the first time since the crisis in Ukraine caused a global spike in petroleum prices, Akhannouch had to explain to parliament … Read more

New Zealanders queue for petrol as price hikes

by
new zealand

WELLINGTON – Cars, boats and gallon bottles, New Zealanders were filling every tank with fuel before another big price hike tipped at the weekend. Petrol prices have already jumped up dramatically over the past month, which saw national average price of 91 petrol increase 11.8 percent to 2.94 New Zealand dollars per litre, and 23.1 … Read more

Petrol use surges as cars demand go up

by
cars

KARACHI: The demand for the automobiles in Pakistan has witnessed a significant surge in the last few years, resulting in an increase in oil consumption. In the wake of the higher oil prices in the international market, which are hovering around $100 due the recent Russia-Ukraine war, Pakistan’s foreign exchange reserves are under severe pressure. … Read more

Miftah, Ahsan Iqbal pick apart govt’s move to cut petrol, electricity prices

by

In response to the government’s slashing petrol and electricity prices, veteran Pakistan Muslim League-N leader and former finance minister Miftah Ismail lashed out at the government for toying with the nation’s emotions by first sharply raising the prices and then cutting down some of them. In a tweet, Miftah Ismail said the Pakistan Tehreek e … Read more

PM Imran Khan directs CM Buzdar to provide maximum relief to masses

by

Prime Minister Imran Khan directed to take measures for providing maximum relief and ensuring the delivery of quality services to the people. He was talking with Punjab Chief Minister Sardar Usman Buzdar, who called on him in Lahore on Wednesday. PM Imran instructed the CM to protect the rights, lives and property of people and … Read more

Menu

Latest

Entertainment

Lifestyle