Industrial Policy Committees Propose Tax Rationalization Reforms and Export Boost Measures under SAPM Haroon Akhtar Khan 10 Score: 0 Attempted: 0/10 Subscribe 1. : Who chaired the high-level meeting on tax rationalization and export enhancement? (A) Rana Ehsan Afzal (B) Shehbaz Sharif (C) Haroon Akhtar Khan (D) Muhammad Hanif Abbasi 2. : What is the current corporate income tax rate in Pakistan mentioned in the meeting? (A) 26% (B) 29% (C) 17% (D) 32% 3. : Over how many years did the sub-committees propose reducing the corporate tax rate from 29% to 26%? (A) Two years (B) Three years (C) Four years (D) Five years 4. : What is the corporate tax rate in Vietnam, as noted in the meeting? (A) 15% (B) 17% (C) 19% (D) 20% 5. : How did the committees recommend applying the super tax? (A) On total profits (B) Only on additional income (C) On export revenues only (D) On domestic sales only 6. : What was the proposed super tax rate to be achieved within five years? (A) 3% (B) 4% (C) 5% (D) 6% 7. : Under what condition could the super tax be completely eliminated in the sixth year? (A) If exports double (B) If a positive primary fiscal balance is achieved (C) If corporate tax falls below 20% (D) If foreign investment exceeds $10 billion 8. : What time frame was proposed for sales tax refunds to be disbursed? (A) Within 24 hours (B) Within 48 hours (C) Within 72 hours (D) Within one week 9. : What did the committees propose to end in industrial power tariffs? (A) Load shedding (B) Cross-subsidies (C) Peak-hour surcharges (D) Meter rent charges 10. : How much lower than the prevailing policy rate should export financing interest rates be, according to the proposals? (A) 200 basis points (B) 300 basis points (C) 400 basis points (D) 500 basis points
