t's possible that the nation may see another big rise in the cost of petroleum products.
According to sources, the price of petrol could rise by Rs. 9.50, making it possible for the new price per liter to climb from Rs. 279.75 to Rs. 289.25.
Once again, petroleum dealers have requested higher margins.
According to reports, the cost of fuel could rise by Rs. 0.86 as well, to Rs. 285.56 per litre.
Additionally, there are reports that the government plans to raise the petroleum duty from 60 to 100 rupees. The Petroleum Development Levy has undergone several revisions in recent years, with an important increase in the fiscal year 2023.
It was the lowest demand for petroleum products in five months.
The petroleum levy on petrol was first established at Rs. 20 per liter in July 2022. It was subsequently raised to Rs. 50 per liter in November 2022 and to Rs. 60 per liter by September 2023.
The petroleum levy on petrol was first established at Rs. 20 per liter in July 2022. It was subsequently raised to Rs. 50 per liter in November 2022 and to Rs. 60 per liter by September 2023.
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