According to the report, gas prices are going to increase significantly from the first of January with the new VAT amendments.
However, the amount of 2.5% of port and aviation services charged so far for gas has been removed. Therefore, market sources say that the price of gas is going to increase by 15.5% only.
With the addition of the new tax percentage, the price of a twelve and a half kilogram domestic gas cylinder of Litro Gas Company is going to increase by nearly 500 rupees.