SUNDAY TIMES KARACHI: CM Shah in the meeting said Sindh has taken stance that the Gas Infrastructure Development Cess should be handed over to the provinces. He said under Article 161 of the constitution crude oil and natural gas should be transferred to the federating units.
He said Sindh wants its share from the GIDS revenue collected by the federal government till now.
He said Sindh wants the provinces’ should be given right to collect royality on their resources.
Shah said that the previous federal government had constituted various groups for the NFC Award.
The meeting was attended by Principal Secretary Sajid Jamal Abro, provincial secretary finance and experts of finance department and Sindh Revenue Board (SRB).
Finance Minister Asad Umar will chair the first meeting of the ninth National Finance Commission (NFC) award on February 6.
The participants of the meeting will be briefed on the fiscal position of the federal government as well as of the provinces.
The meeting will also have a general discussion on strategy for deliberations over the new NFC Award.