Govt approves PDL levy of Rs50 on high-octane petrol
Business
Govt approves PDL levy of Rs50 on high-octane petrol
ISLAMABAD (Dunya News) - 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 petrol 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.
