The federal government has raised the Petroleum Development Levy on petrol by Rs26.77, setting the new rate at Rs107.38 per litre effective immediately.
The previous petroleum levy on petrol stood at Rs80.61 per litre before the government announced this latest significant revision to the existing rate.
The Petroleum Division issued an official notification confirming the revised petrol price is now fixed at Rs393.35 per litre across the country.
According to the notification issued yesterday, diesel prices have also increased by Rs26.77 per litre, with the new official price now set at Rs380.19 per litre.
However, the government made no changes to the Petroleum Development Levy applied specifically on diesel, leaving that rate entirely unchanged from before.
Transport sector response
Pakistan Goods Transport Alliance President Malik Shahzad Awan announced a 10 percent increase in freight charges following the fuel price revision announcement.
Malik Shahzad Awan stated that the alliance condemns the repeated increases in petroleum product prices, calling the policy economically harmful and unjust.
He said that continuously rising fuel costs are driving inflation higher and pushing hundreds of thousands of workers across the country into unemployment.
Awan attributed the worsening economic conditions to what he described as flawed federal government policies that are negatively affecting millions of Pakistani citizens.
Legal challenge in LHC
The recent increase in petroleum product prices has been legally challenged through a petition filed before the Lahore High Court this week.
The Judicial Activism Panel filed the miscellaneous petition in the Lahore High Court, raising formal objections against the government’s fuel pricing decision overnight.
The petition states that petroleum product prices were raised by Rs26.77 per litre under the cover of darkness without adequate public consultation beforehand.
The petitioners argued that rising petroleum prices would directly lead to increased inflation, worsening the economic hardship already being faced by ordinary citizens.
The petition requests the Lahore High Court to declare the increase in petroleum product prices null, void, and legally invalid without delay.
