Which of the following items saw no change in Federal Excise Duty (FED) under the new budget?
A. Tobacco
B. Petroleum
C. Fertilizer and pesticide
D. Steel products
Answer
Correct Answer: C. Fertilizer and pesticide
Why does Khyber Pakhtunkhwa (KP) receive an extra 1% in its NFC share?
A. For flood damages
B. For agriculture subsidies
C. For war-on-terror expenses
D. For CPEC security
Answer
Correct Answer: C. For war-on-terror expenses
How much allocation is made for Balochistan under the federal budget 2025–26?
A. Rs690 billion
B. Rs720 billion
C. Rs743 billion
D. Rs780 billion
Answer
Correct Answer: C. Rs743 billion
How much is Khyber Pakhtunkhwa (KP) receiving, including its additional 1% share for anti-terror operations?
A. Rs1,200 billion
B. Rs1,260 billion
C. Rs1,342 billion
D. Rs1,390 billion
Answer
Correct Answer: C. Rs1,342 billion
What is the allocation for Sindh under the Budget 2025–26?
A. Rs1,943 billion
B. Rs2,043 billion
C. Rs2,100 billion
D. Rs2,250 billion
Answer
Correct Answer: B. Rs2,043 billion
How much is Punjab receiving from the federal divisible pool in FY2025–26?
A. Rs3,950 billion
B. Rs4,076 billion
C. Rs4,300 billion
D. Rs4,150 billion
Answer
Correct Answer: B. Rs4,076 billion
Which province is receiving the largest share under the 2025–26 NFC Award?
A. Sindh
B. Punjab
C. Khyber Pakhtunkhwa
D. Balochistan
Answer
Correct Answer: B. Punjab
Detail About MCQs
Punjab, due to its large population, receives the largest share — Rs4,076 billion (≈51.74%).
How much has been allocated to all provinces collectively under the NFC Award in the FY2025–26 budget?
A. Rs7.5 trillion
B. Rs8.2 trillion
C. Rs6.9 trillion
D. Rs9.1 trillion
Answer
Correct Answer: B. Rs8.2 trillion
Under which constitutional framework are provincial shares in federal revenue distributed?
A. Article 140
B. Article 160
C. Article 170
D. Article 161
Answer
Correct Answer: B. Article 160
Detail About MCQs
Article 160 of the Constitution of Pakistan governs the NFC Award and provincial revenue sharing.
Which income group saw their tax rate reduced from 15% to 11% in FY2025–26?
A. Income below Rs60,000/month
B. Income between Rs60,000–Rs120,000/month
C. Mid-income slabs
D. No group saw a 15% to 11% change
Answer
Correct Answer: C. Mid-income slabs