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🏠 Home › MCQs › Pakistan Current Affairs › Question

In Pakistan’s fiscal system, why is the Petroleum Levy (PL) distinct from the Sales Tax regarding the National Finance Commission (NFC) Award?

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By Zain

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Fact Checked

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Difficulty Hard

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Published 02 May 2026

A. PL is not part of the divisible pool for provinces.

B. PL is collected and retained solely by the provinces.

C. Sales Tax is excluded from the divisible pool.

D. Both are distributed solely based on population.

💡 Explanation:

Unlike the General Sales Tax (GST) on petroleum products, which is part of the divisible pool shared with provinces under the NFC Award, the Petroleum Levy is a non-tax revenue that the federal government retains in its entirety.

📚 Topics: Pakistan Current Affairs

🎯 Exams: CSS NTS PMS

🏷️ Tags: Economy of Pakistan Federalism Fiscal Policy Taxation Law

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