ISLAMABAD: The reconstituted National Finance Commission (NFC) is expected to hold its twice-postponed meeting on Dec 16, reopening at least two settled issues — collection of sales tax on goods and services by a federal agency and Sindh’s demand to make revenue generation a key determinant of provincial shares along with payment of around Rs300 billion arrears.

President Asif Ali Zardari had reconstituted the NFC in August for five years to work out the eighth award for distribution of resources among federal and provincial governments. Its first meeting was scheduled for Nov 16, but postponed to Nov 21 and then rescheduled for Dec 16. Keep Reading at Dawn.com