
OGRA announces increase in LPG prices
The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of liquefied petroleum gas (LPG), with the revised rates coming into effect from April 1, 2025.
According to an official notification, the price of LPG has been raised by Rs0.54 per kilogram, bringing the new rate to Rs248.37 per kg.
As a result, the cost of an 11.8kg domestic LPG cylinder has increased by Rs6.40, setting the new price at Rs2,930.71.
The revised price includes components such as producer price, marketing margin, distribution margin, and transportation charges.
OGRA stated that the marketing, distribution, and transport margins total Rs35,000 per metric tonne. This includes Rs17,000 for marketing, Rs10,000 for distribution, and Rs8,000 for transportation per tonne.
The regulator regularly adjusts LPG prices based on shifts in producer costs and associated margins, with the aim of reflecting market conditions.
Earlier this month, OGRA announced a reduction in the price of domestic LPG cylinders.
According to the notification issued by OGRA, the price of the domestic LPG cylinder had been reduced by Rs72.57 for an 11.8 kg cylinder.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Express Tribune
8 hours ago
- Express Tribune
Gold soars to Rs359,000 per tola amid international spike
Listen to article Gold prices surged on Saturday, both internationally and in the domestic market, as investors flocked to the precious metal amid mounting global economic uncertainties. According to market data, the price of gold in the international bullion market rose by a staggering $61 per ounce, pushing the rate to an unprecedented $3,363 per ounce. The sharp uptrend reflects growing concerns over a weakening US dollar and fears of a potential global economic slowdown. In response to the international spike, domestic gold prices also recorded a significant increase. In Pakistan, the price of gold jumped by Rs6,100 per tola, reaching Rs359,000. Similarly, the rate for 10 grams climbed by Rs5,229 to settle at Rs307,784. On Friday, the per tola price had briefly dipped by Rs100, settling at Rs352,900 before rebounding sharply by the end of the day. Meanwhile, silver prices also posted gains, with the per tola rate rising by Rs53 to close at Rs3,953.


Business Recorder
10 hours ago
- Business Recorder
Gold price per tola gains Rs6,100 in Pakistan
Gold prices in Pakistan increased on Saturday in line with their gain in the international market. In the local market, the gold price per tola reached Rs359,000 after an increase of Rs6,100 during the day. As per the rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold was sold at Rs307,784 after it gained Rs5,229. On Friday, the gold price per tola reached Rs352,900 after a loss of Rs100 during the day. The international rate of gold increased today. As per APGJSA, the rate was at $3,363 per ounce (with a premium of $20), a gain of $61. Meanwhile, the silver price per tola stood at Rs3,953, accumulating Rs53 during the day.


Express Tribune
19 hours ago
- Express Tribune
Trader e-invoice deadline extended
Listen to article The government on Friday gave a seven-month extension to traders in real-time electronic transmission of sales tax receipts to the computers of the Federal Board of Revenue (FBR), accepting the impracticality of the earlier deadlines and addressing one of the four concerns of the business community. The FBR issued a new statutory regulatory order to set new deadlines by dividing the businesses into seven categories as opposed to the earlier two categories. The FBR notification superseded its April 2025 order and determined new deadlines to complete the registration and testing for integration of businesses' hardware and software with the FBR's computerised system. The notification stated that as against the earlier deadline to electronically transmit invoices by June 1st, the sales tax registered persons can now complete the action by December 1st, 2025. The individuals and associations of persons having over Rs100 million turnovers in the past one year will be registered by October 1st. For some, these relaxed deadlines are still overambitious due to the limited capacity of the FBR and the private integrators to provide complete online solutions for sending electronic invoices to the FBR. The integration will be done by four companies: M/s Haball Limited, Webdnworks Private Limited, EY Ford Rhodes, and Pakistan Revenue Automation Limited, which is a subsidiary of the FBR. According to the law, only a licensed integrator having a valid FBR license can configure a registered person's electronic invoicing software for real-time electronic transmission of sales tax invoices to the FBR's server. The government has set the maximum invoice charge at Rs10 per invoice or Rs1 million. Extending deadlines was one of the four demands set out by the traders for returning to normal trading hours. The other three demands are the withdrawal of arrest powers on suspicion of fraud, the end of power to include half of over Rs200,000 cash expenses in income, and calling back FBR inspectors from business premises. Any taxpayer that does not integrate by the extended deadline or contravenes any provision of this Act is liable to penal action, according to the tax laws. According to the revised notification, as against the earlier deadline of May 1st for the corporate sector to electronically transmit sales receipts, the government has now only asked the public sector companies, companies with over Rs1 billion turnover, and all importers to complete the action by September 1st. There are a total of 390,000 registered sales tax companies and persons in Pakistan. But there are only 10,000 registered companies in Pakistan that have over Rs1 billion turnovers and file and pay any sales tax. There are another 100,000 firms that have below Rs1 billion turnovers and pay any sales tax, according to the data compiled by those who are in the digital integration business. Former Member of Inland Revenue Operations FBR Dr Hamid Ateeq Sarwar told the Senate Standing Committee on Finance last month that there were 200,000 registered persons and only 60,000 pay any tax. He had also said that the International Monetary Fund (IMF) did not allow the abolition of the additional 4% sales tax being charged from unregistered persons and instead linked the removal with a one-fourth increase in the sales tax base. The supposedly punitive 4% extra tax is now a source of remaining outside the tax net, as the businesses feel comfortable paying the additional tax and then recovering it through prices instead of becoming part of the tax regime. The FBR laws and regulations require that in case of supplies by a manufacturer or importer to an unregistered distributor, the tax invoice shall contain the CNIC or NTN of such unregistered distributors. According to the revised notification, all companies excluding the public sector, importers, and those having over Rs1 billion turnover will get registered by October 1st. The companies having less than Rs1 billion turnovers are required to get registered by November 1st. The traders had also objected to the Rs10 per invoice cost. Sources said that the government had considered giving subsidies, which were estimated in the range of Rs40 billion to Rs60 billion. The second option was PRAL, which can provide a free-of-cost service. Electronic invoicing is mandatory for all businesses. A registered person is required to install the electronic invoicing system through a licensed integrator.