(A) 29 %
(B) 30%
(C) 35 %
(D) Rate differ based on income slab
Answer: (D) Rate differ based on income slab
Category: Federal Board Revenue (FBR) Past Papers Solved MCQs Questions
Federal Board Revenue (FBR) Past Papers Solved MCQs Questions with Answers. Federal Board Revenue (FBR) Test Preparation Material. The screening test for various jobs in FBR consists of 100 multiple choice questions from English grammar and Vocabulary, Functions of Federal Board of Revenue (FBR), Fiscal Policy of Pakistan
Tax Administration/Reforms in Pakistan, Sales Tax Act 1990 as amended upto July 2021, Federal Excise Act 2005 as amended upto July 2021, Income Tax Ordinance 2001 as amended upto June 2021 (Chapter-III & Part IV of Chapter-X only).
What is applicable income tax rate on banking companies?
(A) 20 %
(B) 25 %
(C) 30 %
(D) 35 %
Answer: (D) 35 %
What is the general income tax rate on companies?
(A) 25 %
(B) 29 %
(C) 33 %
(D) 36 %
Answer: (B) 29 %
When was Income Tax Ordinance enacted?
(A) 1999
(B) 2000
(C) 2001
(D) 2002
Answer: (C) 2001
What is the general rate of Sales Tax:
(A) 12 %
(B) 14 %
(C) 17 %
(D) 20 %
Answer: (C) 17 %