ISLAMABAD: The federal government has increased the Petroleum Levy (PL) on high-octane fuel by Rs200 per litre.
The prime minister directed that the levy on high-octane fuel used in the most expensive vehicles should be increased immediately.
According to Prime Minister’s Office (PMO), the prime minister chaired a meeting regarding high-octane fuel used in luxury vehicles.
In the meeting, Shehbaz decided that the levy, which was Rs100 per litre, should be increased by Rs200 per litre.
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“A levy of Rs 300 per litre will now be applicable on high-octane fuel used in the most expensive vehicles,” the statement said.
This decision will save the government Rs 9 billion per month and as per the prime minister’s instructions, this will be used to provide the people with relief, it maintains.
“This decision will reduce the burden on the economy; the richest class in the country will bear the burden,” it said.
“The prices of fuel used in ordinary vehicles used by the lower and middle classes have not been increased, only the price of high-octane fuel used in luxury vehicles has been increased,” the PMO said, adding that this would not cause an increase in the price of public transport or airfare.
The prime minister directed the ministry concerned to prepare an action plan in this regard.
The government is charging Rs 105.37 per litre PL on petrol and Rs 55.24 per litre on HSD.
High octane is deregulated products and each oil marketing company has its own prices. This means that high-octane petrol will now cost above Rs. 500 per litre.
Copyright Business Recorder, 2026
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