Finance Minister Mohammad Aurangzeb Wednesday unveiled the budget for the next fiscal year, proposing an increase in the maximum limit of petroleum development levy (PDL) on diesel and petrol by up to Rs80 per litre.
In his budget speech, the federal minister said that the government will target a budget deficit of 6.9% of its GDP.
Earlier, the government is charging a Rs60 per litre levy on petrol and diesel.
According to Finance Bill 2025, the maximum PDL limit on high-speed diesel oil and petrol has been hiked by Rs20 to Rs80 per litre.
While there’s no change in PDL on superior kerosene oil (SKO) which is kept at Rs50, it has been increased on light diesel oil (LDO), high-octane blending component (HOBC), and E-10 gasoline to Rs75 from Rs50.
Additionally, the PDL on LPG (produced/extracted in Pakistan) has been kept unchanged at Rs30,000 per metric tonne.