Levy on high-octane fuel raised by Rs200 per litre

• Govt expects to save Rs9bn per month; savings to be used for public relief • Move aims to shift burden to higher-income groups • Aurangzeb says focus is on ‘targeted relief’ • Measure won’t affect public transport, airfares ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday announced an increase in the levy on high-octane fuel, a premium-grade petroleum product with a higher octane rating, used mainly in luxury and high-performance vehicles, by Rs200 per litre. According to a statement issu...

By none@none.com (Dawn Report)