Islamabad (Monitoring Desk) The budget of the next fiscal year is going to come into effect from July 1 and the possibility of an increase in the prices of petrol and diesel in the country is also being shown on the same day. According to Daily Pakistan Global, after the recent budget, the government will review the prices of petroleum products for the first time on June 31. In the budget, the government has proposed an increase in petroleum levy from 20 to 80 rupees per litre.
According to the report, currently the price of petrol in the country is Rs 258.16 per liter and the price of high speed diesel is Rs 267.89 per liter. If the proposed increase in petroleum levy in the budget comes into effect from July 1, these prices will see a significant increase. It is expected that initially the levy will be increased by 20 rupees and gradually it will be taken up to 80 rupees.