![]() “Following the 166% increase in international petroleum prices since November 2020, the govt is continuously losing its revenue from sales tax levy, just to protect common people from higher prices,” Tarin wrote on Twitter. ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Thursday defended the government's decision to hike the prices of petroleum products in the country and said that the government is looking for options to make up for the higher prices. Tarin says govt is also bearing cost of providing relief to people.Govt dropped a major bombshell on the people by increasing price of petrol by Rs12.03 per litre.Shaukat Tarin says PM Khan is exploring options on how to offset higher prices despite a recent increase in salaries.Federal Minister for Finance and Revenue Shaukat Tarin.
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