Provinces to receive record Rs8.2tr under NFC Award
ISLAMABAD: The provinces are projected to receive a record Rs8.2 trillion from the federal divisible tax pool in the upcoming fiscal year 2025-26, according to budget document and the framework established by the National Finance Commission (NFC) Award.
The allocation, governed by the legally binding President’s Order No. 5 of 2010 (amended in 2015), dictates that 57.5 per cent of all net proceeds........
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