While on the one hand, the caretaker government has reduced the prices of petroleum products significantly by Rs40 per litre, on the other it has once again increased the tax and dealers' margin.
According to documents, the government has increased the levy on high-speed diesel by Rs5 per litre while depriving the masses of Rs6 less relief.
The levy on high-speed diesel has been increased from Rs50 to Rs55.
Furthermore, the levy on petrol has been maintained at Rs60 per litre, as per the documents, while the margin for oil companies has been raised by 47 paisas.
Also Read: Caretaker govt slashes petrol price by Rs40, high-speed diesel by Rs15
The margin for oil marketing companies on petrol is now Rs7.41 per litre. The dealer margin on petrol has also reached Rs8.23 after an increase of 41 paisas.
On Sunday night, Prime Minister Anwaarul Haq Kakar-led caretaker government slashed the price of petrol by Rs40 per litre and high-speed diesel by Rs15 per litre for the next fortnight.
Following the significant drop, the new price of petrol is Rs283.38 per litre and Rs303.18 per litre for HSD. The notification further stated that the new prices will come into effect from 12am on October 16 and remain in place till October 31.
Two weeks ago, the interim government had slashed the price of petrol by Rs8 per litre and high-speed diesel by Rs11 per litre for the next fortnight.
