Previously, the levy stood at Rs80.61 per litre, indicating a substantial upward revision in the government’s indirect taxation on fuel.
Sources claimed the move effectively offsets any relief expectations in petroleum pricing, alleging that the public has been misled regarding fuel cost adjustments.
The increase in levy is expected to contribute to higher overall fuel costs, with potential implications for transport fares and inflationary pressures across various sectors.
Officials have yet to issue a detailed public explanation regarding the rationale behind the latest increase in petroleum levy.