Provinces and unconstitutional taxation dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
The lack of consensus at the National Finance Commission (NFC) in evolving a new award every five years since the 7th award was announced 11 years ago is creating a problem in updating the horizontal distribution of resources required to reduce uneven regional development within and among federating units.
One such glaring issue is of Khyber Pakhtunkhwa’s share in the NFC Divisible Pool after the merger of Federally Administered Tribal Areas (Fata) with the province. Under the current horizontal distribution formula, KP qualifies for more resources owing to the increase in population, level of backwardness and also probably due to the sparsely populated vast territory earlier administered by Islamabad.