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Ghee, cooking oil prices to increase from July 1 June 28, 2021 LAHORE:The prices of ghee and cooking oil will increase up to Rs18 per kilogram/litre from July 1 due to the budgetary taxation measures made by the government through finance bill. Pakistan Vanaspati Manufacturers Association (PVMA) on Sunday declared the prices of different brands would jump from Rs13 to Rs18 per kilogram/litre depending on their respective retail prices in the market. PVMA Chairman Abdul Waheed stated that the local currency depreciated by Rs5 against US dollar while taxes to the tune of Rs18 per kg had been imposed in the budget. As a result of rupee depreciation against the US dollar and taxation measures, the prices of ghee and cooking will not reduce in the near future. ....