Home Business Govt approves PDL levy of Rs50 on high-octane petrol

Govt approves PDL levy of Rs50 on high-octane petrol

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ISLAMABAD, Nov 4(ABC): The government has given the approval of imposing the petroleum development levy (PDL) of Rs50 on high-octane petrol on Friday.

Sources privy to the matter said that the PDL levy on high-octane was Rs30, but as per the International Monetary Fund’s (IMF) conditions, the approval of increasing the PDL on high-octane petrol has been given.

The sources further stated that the approval of imposing a complete percentage of PDL on high-octane petrol has been given.

 

 

 

 

 

 

  • Internews Pakistan is an Islamabad-based news agency established in 1997.

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