LAHORE (Kashmir English): Prime Minister on Sunday announced an increase of Rs200 per litre levy on high-octane petrol used in luxury vehicles.
According to the media wing of Prime Minister’s Office (PMO), the move is expected to generate Rs9 billion in monthly savings for the government, from which the ordinary people will be given relief.
During a video meeting chaired by PM Shehbaz, it was decided to “increase the current levy on luxury vehicles used by the richest class, which is Rs 100 per liter, by Rs 200 per lite.”
The Prime Minister took notice that the levy on high-octane fuel used in the most expensive vehicles should be increased, a statement issued by PMO said.
It added that a levy of Rs 300 per liter will now be applicable on high-octane fuel used in the most expensive vehicles.
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