US
The new rate, if approved, will come into effect from Wednesday
The prices of petroleum products have not been increased since April 16, 2021 by adjusting sales tax, petroleum levy
Cumulative revenue impact of the decision will be over Rs2 billion
Cumulative revenue impact of the decision will be Rs4.8 billion
New prices will come into effect from tomorrow (Friday), says official notification
Raise suggested in view of global increase in rates of petroleum products
PM approves increase of Rs3.20 per litre in petrol, Rs2.95 per litre in diesel
Petrol becomes dearer by Rs2.31, diesel Rs1.80 per litre
Petrol becomes dearer by Rs3 per litre, HSD by Rs3.01, kerosene Rs5
The finance ministry will announce the new prices on November 30