In a fresh fuel price adjustment, the government has significantly increased the petroleum development levy on petrol, adding further financial pressure on consumers.
The move comes as revised petroleum product prices take effect across the country from April 25.
The government has increased the petroleum development levy (PDL) on petrol by Rs 26.77 per litre.
With this revision, the levy has now been fixed at Rs 107.38 per litre, compared to the earlier rate of Rs 80.61 per litre.
Officials say the change has directly contributed to higher fuel prices in the latest notification issued by the Ministry of Petroleum.
Fuel price revision
According to the official notification, the price of petrol has increased by Rs 26.77 per litre, taking the new rate to Rs 393.35 per litre.
High-speed diesel has also seen a similar increase of Rs 26.77 per litre, raising its new price to Rs 380.19 per litre.
The revised rates will remain effective from April 25 (Saturday) and will apply nationwide.
Diesel levy remains unchanged
Despite the increase in petrol levy, the petroleum development levy on diesel has remained unchanged.
However, authorities have introduced adjustments in other cost components affecting diesel pricing, including freight margins.
Freight margin adjustment
The government has increased the freight margin on diesel by Rs 30.21 per litre.
The margin has now been raised to Rs 37.75 per litre, compared to the previous Rs 7.54 per litre.
This adjustment has contributed indirectly to the overall rise in diesel prices, even without a direct change in its levy rate.
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