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expected petrol and diesel price in pakistan

Petrol and diesel prices are expected to decrease from June 1

The oppression of inflation is good news for the people. Petrol and diesel prices in Pakistan are likely to decrease again from June 1, 2024. Oil prices fell to a 4-month low in the global market

From June 1, 2024, the price of petrol is expected to decrease by Rs. 4, while the price of diesel is expected to decrease by Rs. 3.50 paise per liter. The decision will be made on the night of May 31.

It is too early to say anything about the prices and OGRA will work on the prices of petroleum products on May 31.

Today Petrol Prices in Pakistan

It should be remembered that the government announced a major reduction in the prices of petroleum products on May 15, announcing a reduction in the price of petrol by 15 rupees 39 paisa and diesel price by 7 rupees 88 paise per liter.

Earlier on April 30, the government had announced a reduction in the price of petrol by Rs 5.45 per liter and diesel price by Rs 8.42 per litre.

price of battery in Pakistan

After solar, the price of battery in Pakistan also reduced

After solar panels, price of battery in Pakistan have also reduced by thousands of rupees by May 2024.

According to the media report, not only the prices of UPS but also vehicle batteries have decreased slightly compared to last year. According to traders, the price of UPS batteries has come down compared to last year.

The price of UPS battery was Rs 38,000 earlier, now the same battery costs around Rs 33,000. He further informed that similarly 110 volt battery which is used for 2 fans and lights was available for 23,000 rupees earlier now it has come down to 20,000 rupees.

Solar panel price in Pakistan fell due to strengthening of rupee

But still people have no purchasing power due to which they are forced to buy old batteries. Because prices have not gone down as much as they have gone up.

On the other hand, some traders say that the prices have been stable for the last 6 months. Because the price of batteries depends on the fluctuations in the value of the dollar. However, there has been no increase in the prices of batteries in the last 6 months, nor has there been any decrease in the prices.

However, he said batteries are available at low prices in many places simply because vendors drop prices to sell the goods if they don’t sell.

100 And 1500 Prize Bonds draw schedule has been announced

100 and 1500 Rupees Prize Bond Draw Schedule Announced

The draw schedule of national prize bonds of Rs 100 and Rs 1500 organized by the Central Directorate of National Savings, Government of Pakistan will be held on May 15, 2024 in Karachi and Lahore.

Among the National Prize Bonds of Rs.100 and Rs.1,500, the first prize of the National Prize Bond of Rs.1,500 will be Rs.30 lakh, the second prize will be three prizes of Rs.10 lakh and the third prize will be distributed among 1,696 winners of Rs.1,850.

Similarly, the first prize of 100 rupees prize bond, 7 lakh rupees, the second prize, three prizes of 2 lakh rupees and 1,199 prizes of 1,000 rupees will be distributed among the lucky winners.

expected petrol and diesel price in pakistan

Expected Petrol Price In May 2024 Pakistan

After the drop in oil prices at the international level, a big drop in petrol and diesel prices is expected in Pakistan. The government is expected to cut petrol price by Rs 13 per liter and diesel price by Rs 8 to Rs 9.50 per liter on May 16, according to The News.

If approved, it will be another relief in fuel prices for the public in Pakistan. Last month, the government cut petrol and high-speed diesel prices by Rs 5.45 and Rs 8.42 respectively for the next fortnight. Current price of petrol is Rs 288.49 per liter and HSD price is Rs 281.96.

Product Price
MS Petrol Rs 288.49
Diesel Rs 281.96

The English daily attributed the huge drop to falling global prices following Iran-Israel missile attacks and stability in the Middle East following the easing of tensions in the Red Sea.

When Is Baisakhi Festival 2024 - Baisakhi 2024 Date Announced

After Gandam Scheme 2024, Wheat Rate has crashed in Punjab

After Gandam Scheme 2024, wheat rate in Punjab has been crashed. The wheat growing community in Punjab, Pakistan is currently experiencing a significant drop in prices, encouraged by the implementation of the Wheat Scheme. This move, while stabilizing grain prices and ensuring adequate returns to farmers, has inadvertently led to a sharp decline in wheat prices across the region.

Against the official minimum support price of Rs 3,900 per 40 kg, farmers are being forced to sell their produce at prices as low as Rs 3,200 per 40 kg. The maximum wheat rate in Punjab offered to farmers by private buyers is around Rs 3,600 per 40 kg. A sharp drop in the price of new wheat has been reflected in the official wholesale price of wheat compiled by the provincial government.

Baisakhi بیساکھی Festival 2024 Date

According to the official price list of agricultural commodities for 12 major markets, the price of wheat in South Punjab has fallen below Rs 3,900 in the wholesale market. That is, wheat is being bought from farmers in the open market for less than 3,200 rupees.

40 kg wheat price in Pakistan today

The government has fixed the minimum support price of wheat at Rs. 3,900 per 40 kg in Pakistan today till date.

1 kg wheat price in Punjab today

According to the price of 40 kg of wheat, the price of 1 kg wheat in Punjab is 97.5 rupees.

today Petrol Price In Pakistan - Expected fuel prices

Expected fuel prices in Pakistan from April 16, 2024

In view of the change in global prices and the federal government’s plan to increase the levy, the expected fuel prices is estimated to be around Rs 300 from April 16, 2024 in Pakistan.

The price of petrol will increase from Rs 289.40 per liter to Rs 298 per liter for the next two weeks. Diesel price is also expected to increase by around Rs 2 per liter from the previous rate of Rs 282 to around Rs 284.24 per litre.

Unofficial reports further claim that the Pakistani government is considering increasing the petroleum levy from Rs 60 to Rs 100 per litre, with the current levy already at a maximum of Rs 60 per litre.

This could lead to a record hike in petrol prices in Pakistan, and the government will announce new prices based on the final exchange rate on April 15.

expected petrol and diesel price in pakistan

Expected Petrol and Diesel Price In April 2024 in Pakistan

The details of the expected increase in petrol price from April 1 have come out. After the approval of the Prime Minister of Pakistan Shahbaz Sharif, the new prices of petroleum products will be announced on the night of March 31, 2024.

According to media reports, on the one hand, oil has become expensive in the global market, on the other hand, the IMF’s demand for increase in GST and petroleum levy may lead to a sharp increase in the prices of petroleum products.

Expected Petrol Price In Pakistan in April 2024

It has been reported that the effect of the increase in oil prices in the global market has only reached the consumers, then there is a possibility of an increase in the price of petrol by 9.50 rupees from April 1. After this potential increase, the new price will increase from Rs 279.75 to Rs 289.25. While the price of diesel is likely to reach Rs 285.56 with an increase of Rs 0.86.

Item Name Current Price Expected Price Increase
Petrol Rs 279.75 Rs 289.25 Rs 9.50
Diesel Rs 285.56 Rs 286.42 Rs 0.86

There are reports that the government plans to increase the petroleum levy from Rs 60 to Rs 100, thus the price of petrol and diesel may increase by Rs 40 due to the petroleum levy.

آئی ایم ایف نے بجلی کی قیمتوں میں کمی کی تجویز دے دی

On the other hand, on the demand of IMF, the government imposes 18% GST on petroleum products, then the price of petrol and diesel is likely to increase by Rs.50.

petrol price

Pakistan Petrol Price from Today 16 March 2024 [updated]

The federal government has announced the Pakistan petrol and diesel prices in the country for the second half of March 2024 on Friday. The government has announced a decision to reduce the price of high-speed diesel by Rs 1.77 per liter and maintain the price of petrol.

Pakistan Petrol Price

Product Price
Petrol Rs 279.75
Diesel Rs 285.56

According to the notification, the price of petrol will remain at Rs 279.75 per litre. However, the price of high-speed diesel has come down by 1.77 rupees per litre, bringing it down to 285.56 paise per litre.

Although not clearly mentioned in the notification, sources in the finance ministry say that the price of light diesel oil has also been reduced by Rs 2.12 per liter and the price of kerosene by Rs 1.35 per litre.

Sources further said that the government is collecting around Rs 82 per liter tax on both petrol and diesel. The levy on petrol and diesel is Rs 60 per litre. The government has collected Rs 475 billion from consumers during the first six months. The target is to collect 920 to 970 billion rupees in the current financial year.

Office Timing In Ramadan Punjab Pakistan

Punjab Office Timing In Ramadan 2024 Pakistan

Punjab Government has issued Office Timing in Ramadan 2024. Notification has been issued. 

According to the notification issued by the Service and General Administration Department (S&GAD) Office hours will be 5 days a week, Monday through Thursday from 09:00 am to 03:00 pm. The working hours on Friday will be from 9 am to 12:30 pm, the statement said.

Working hours for those working 6 days a week will be Monday to Thursday and Saturday from 09:00 am to 02:00 pm. Friday hours will be 9 a.m. to 12:30 p.m., announcement

High Court, Civil and Sessions Court timings changed for Ramzan

Ramadan 2024 in Pakistan is expected to start from March 12. A meeting of the Central Sawing of the Crescent Committee will be held on March 11 to sight the moon of Ramadan