Which of the following is generally the largest source of tax revenue for the Federal Board of Revenue (FBR) in Pakistan?

A Income Tax

B Customs Duty

C Sales Tax (General Sales Tax - GST)

D Federal Excise Duty

✓ Correct Answer: Option C

The General Sales Tax (GST) is usually the largest contributor to the Federal Board of Revenue's tax collection, followed by Income Tax.

💡 Why is C) the correct answer?

The correct answer to the question "Which of the following is generally the largest source of tax revenue for the Federal Board of Revenue (FBR) in Pakistan?" is Option C: Sales Tax (General Sales Tax - GST).

The other options — A) Income Tax, B) Customs Duty, D) Federal Excise Duty — are incorrect for this Pakistan Affairs question. As explained above: The General Sales Tax (GST) is usually the largest contributor to the Federal Board of Revenue's tax collection, followed by Income Tax.

📚 About This Pakistan Affairs Practice Question

This 2-level Pakistan Affairs question from the Economy of Pakistan topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free Pakistan Affairs practice test or use flashcards for spaced repetition review.

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Which of the following is generally the largest source of tax revenue for the Federal Board of Revenue (FBR) in Pakistan?

✓ Correct Answer: Option C

📚 About This Pakistan Affairs Practice Question

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