The government plans to raise petrol prices by Rs 7.54 per litre and High-speed diesel by Rs 9.84 per litre for early July 2024. With a Rs 5 per litre petroleum levy starting July 1, motor spirit prices could rise by Rs 12.58 per litre and diesel by Rs 14.84 per litre. The federal budget for FY2025 includes increasing the petroleum levy from Rs 60 to Rs 80 per litre, gradually in Rs 20 increments.