ISLAMABAD: The government has introduced a new pricing mechanism for oil refineries in a bid to provide relief to consumers through a reduction in the petroleum levy. Under the new arrangement, refineries will also be required to contribute to the Petroleum Development Levy (PDL) on each litre of petrol. According to sources, incidental charges on The post New Formula for Oil Refineries May Reduce Petrol Levy by Rs15 per Litre appeared first on MM News.
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