The ex-warehouse cost of
HOBC was lessened by Rs2.98 (3.94 pc) to Rs72.62 per liter from Rs75.60.
Rs 97.05 per litre, LSD Rs 93.27 per litre and
HOBC Rs 134.63 per
Ironically, the Oil and Gas Regulatory Authority (OGRA) had also recommended an increase of Rs5.73 per litre in the price of
HOBC, a fuel used in luxury cars, but the government did not grant the hike.
"Employee health and wellness efforts result in major benefits for both employer and employee," Helene Szczerba, chair of
HOBC said.
Also, Pakistan's
HOBC (High Octane Blending Component) reserves are sufficient for 12 days while last year; the country had
HOBC for 38 days.
Presently against the standard GST rate of 17 percent the federal government is collecting 8 percent GST on motor spirit excluding
HOBC, 13 percent on high speed diesel, 2 percent on kerosene while on light diesel oil (LDO) there is 0.5 percent GST.
Currently, the government is charging 17pc GST on petrol, LDO,
HOBC and kerosene and 31pc on HSD.
Rawalpindi -- Total Parco Pakistan Limited has launched one of the most premium fuels for the Pakistani market with the introduction of Total Excellium
HOBC on its selected retail network.
ISLAMABAD -- Total Parco Pakistan Limited (TPPL) Thursday launched one of the most premium fuels for the Pakistani market with the introduction of TOTAL EXCELLIUM
HOBC on its selected retail network.
The prices of High Speed Diesel (HSD), Light Diesel Oil (LDO), High Octane Blending Component (
HOBC) and kerosene oil will be slashed in accordance with the international market.
Likewise, the prices of High Speed Diesel(HSD) Rs3.46, High Octane Blending Component (
HOBC)Rs4.35, and Light Diesel Oil (LDO)Rs2.80 per liters are likely to be reduced.