(A) 1988
(B) 1990
(C) 1999
(D) 2001
Answer: (B) 1990
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).
FBR can take which one of the following as e-Filing of return?
(A) Return on notice by commissioner
(B) Specimens of return
(C) Electronically filed return
(D) None
Answer: (C) Electronically filed return
Pension received by a citizen of Pakistan is ________ from tax.
(A) Partially taxable
(B) Fully taxable
(C) Taxable 25% of the pension received
(D) None of these
Answer: (B) Fully taxable
Pension received by a citizen of Pakistan is fully taxable from tax.
The Commissioner Inland Revenue shall grant approval of any gratuity fund:
(A) True
(B) False
(C) Under special powers
(D) None
Answer: (A) True
Which of the following is not the type of tax?
(A) Direct taxes
(B) Indirect taxes
(C) Value Added Taxes
(D) Fees and Penalties
Answer: (D) Fees and Penalties