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CHAPTER R7 REVENUE MOBILISATION, ALLOCATION AND FISCAL COMMISSION ACT ARRANGEMENT OF SECTIONS PART I Establishment and composition of Commission, etc. SECTION 1. Establishment of the Revenue Mobilisation,.

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The Revenue Mobilization Allocation and Fiscal Commission is an agency of the Federal Republic of Nigeria that oversees the revenues accruing to and disbursement of such funds from the Federal Account. The Body also ensures that there is conformity and equity in the nation's revenue allocation formulae.

Introduction: Revenue mobilization is an essential tool for economic growth and development in India. By mobilizing resources across sectors, revenue mobilization can contribute to the building of social infrastructure, growth in export-led businesses, and improvement of education opportunities.

Local Government Revenue is the local government's budget received through various revenue streams. The largest source of revenue for local governments include intergovernmental revenue, property taxes, utility revenues, sales taxes, and other sources of income.

Its key role is recommendation of the basis for equitable sharing of revenues raised nationally between the National and the County Governments as well as sharing of revenue among the County Governments.

Revenue Mobilization Strategy 2019-2023 sets a long-term vision to modernize tax and non-tax administration and policies by continuing the focus on building a strong and capable administration that contributes to in-depth reform of the Royal Government, particularly Public Financial Management Reform Program.

It means implementing tax systems that are simple, broad-based, and fair. Of course, it also means that—once revenues are raised—they must be spent efficiently and effectively in support of inclusive growth.

It has a Chairman and Members from each State of the Federation and the Federal Capital Territory appointed by the President. There are presently thirty -five (35) Members from the States and Federal Capital Territory.

Domestic Revenues means, for any period, Consolidated Revenue for such period minus that portion of Consolidated Revenue attributable to Foreign Subsidiaries.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232