US
The price revision of petroleum products will occur on December 15 after OGRA completes proposal
Diesel rate should have been cut by Rs11.95 per litre, but govt did not revise it
Finance minister also announces to cut LDO and kerosene oil prices
Dar expected to maintain existing oil prices for the first two weeks of December
Official says govt may adjust taxes on petroleum products
Petroleum division proposed adoption of mechanism for settlement of actual premium to ensure supply/import security
Minister clarified that only the levy was being increased
ECC refrained from slapping 17% sales tax on high octane blending component
May impose 17% tax on high-grade petrol, increase additional customs duty
Transporters say govt hiked fuel prices eight times between April 15 and Sept 15