May 05, 2018

Fuel prices to go up

Taxes are to be reimposed under the fuel pricing formula that is due to be presented to the cabinet this Tuesday, reports say.

Accordingly, a per-litre tax of Rs. 20 for petrol and Rs. 12 for diesel has been proposed.

As a result, prices could go up by a minimum of Rs. 15 for petrol and Rs. 10 for diesel.