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Pakistan’s Tax System and Budgeting MCQs

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1. The primary tax collection authority in Pakistan is:




2. The largest source of tax revenue in Pakistan is:




3. The current tax system in Pakistan is based on:




4. The corporate income tax rate for companies in Pakistan is:




5. Which of the following is a direct tax in Pakistan?




6. The General Sales Tax (GST) in Pakistan is currently set at:




7. Which of the following taxes is collected at the provincial level?




8. The largest share of Pakistan’s budget is allocated to:




9. The fiscal year in Pakistan starts from:




10. The budget is presented annually by which ministry?




11. What is the primary objective of Pakistan’s annual budget?




12. Which organization is responsible for auditing Pakistan’s budget spending?




13. The Public Sector Development Program (PSDP) is included in which part of the budget?




14. Which tax is collected on imported goods?




15. The National Finance Commission (NFC) Award determines:




16. What type of tax system does Pakistan follow?




17. The Finance Bill in Pakistan is approved by:




18. Which sector enjoys the most tax exemptions in Pakistan?




19. Which of the following is an indirect tax?




20. What is the main challenge in Pakistan’s tax system?




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