Govt cuts petrol price by Rs3.19 per litre, ups high-speed diesel rate by Rs2.25
The government on Tuesday reduced the price of petrol by Rs3.19 per litre and increased that of high-speed diesel (HSD) by Rs2.25. Following the revision, petrol will retail at Rs376.06 per litre, while HSD will cost Rs398.07 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and Rs100 per litre on diesel. According to the Petroleum Division’s notification, the new prices are applicable for Oct 28 (Wednesday). Earlier today, Planning Minister Ahsan Iqbal said that a joint committee of the Jamaat-i-Islami (JI) and the government will be formed to consider…