The Government of Pakistan has announced a fresh increase in fuel prices, pushing petrol and diesel rates close to the Rs. 400 per litre mark across the country.
According to the latest notification, petrol prices have been increased by Rs. 6.51 per litre, taking the new price to Rs. 399.58 per litre.
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At the same time, high-speed diesel has seen a much sharper rise of Rs. 19.39 per litre, bringing its new price to Rs. 399.38 per litre.
Also Read:
How to get Rs. 2,000 Petrol Subsidy for motorcyclists in Sindh
Fuel prices in Pakistan are influenced by global oil market trends, exchange rate fluctuations, and domestic taxation policies. In recent months, the government has relied heavily on petroleum levies to boost revenue collection.
The latest hike is expected to have a direct impact on inflation, as higher fuel costs typically increase transportation expenses, which then affect prices of essential goods and services.
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How to Apply for the Rs. 2,000 Petrol Subsidy:
- Visit the official Excise Department portal: https://taxportal.exise.gos.pk/home/bike_subsidies
- Enter your CNIC and motorcycle registration number, then fill in the captcha code.
- Click on “Check Eligibility” to verify your details.
- A new window will show your name.
- Enter your phone number in the provided field and submit.
- You will receive an OTP on your phone.
- Enter the OTP in the next window and submit.
- Finally, provide your IBAN/bank account number and submit the application.
Once successfully submitted, applicants will receive a tracking ID.
Subsidy payments will be processed within 24 hours for Sindh Bank accounts and within three days for other banks.
