Saturday, February 19, 2022

LAST GRAND TEST RESULTS 19-02-2022 (GOOD LUCK)

 


SR NAME Score CITY PROVINCE
1 Alia 96 / 100 Lahore Punjab
2 Hassan Rashid 91 / 100 Kahuta Kpk
3 Suman Choudhary 91 / 100 Chiniot Punjab
4 Madiha Saad 91 / 100 Karachi Sindh urban
5 Paras ali 91 / 100 Karachi Sindh
6 Daniya 91 / 100 KARACHI SINDH
7 Muhammad Asad 90 / 100 Haroonabad Punjab
8 abdul wadood 89 / 100 quetta balochistan
9 muhammad imran khan 89 / 100 rawalpindi punjab
10 Zahoor Ahmed 89 / 100 Haveli Azad Kashmir
11 Alamgir Khan 88 / 100 Lakki narwat Kpk
12 Aiman khan 88 / 100 Sialkot Punjab
13 Sobia Awan 88 / 100 Lahore Punjab
14 Adil 88 / 100 Peshawar Kpk
15 Hassan sultan 87 / 100 ZTBL Head office, zero point Punjab
16 Salman Ahmed 87 / 100 Sukkur Sindh
17 Imran Khan 86 / 100 Islamabad Punjab
18 Furqan 86 / 100 Lahore Punjab
19 Maria 86 / 100 shahdadpur sindh
20 Sidra Umar 86 / 100 Lahore Punjab
21 Bilal 86 / 100 lahore punjab
22 Raza 86 / 100 lahore Punjab
23 Fiza Manzar 86 / 100 Lahore Punjab
24 USMAN 85 / 100 Lahore Punjab
25 Mohsin Ali Asghar 84 / 100 Sahiwal Punjab
26 Ikra masood 84 / 100 Sargodha Punjab
27 Isha 84 / 100 Gujranwala Punjab
28 Hania Raib 84 / 100 Lahore Punjab 
29 Sadaf Hussain 84 / 100 Larkana Sindh
30 Khalid Mahmood 84 / 100 Dera Ismail Khan KPK
31 Arooj Baloch 84 / 100 Faisalabad Punjab
32 Nazima jabeen 84 / 100 Faisalabad Punjab
33 Asad Ali 84 / 100 Dadu Sindh
34 Muhammad Kamran 84 / 100 Rawalpindi Punjab
35 M.imran 84 / 100 guj test
36 Furqan 84 / 100 Jamshoro Sindh
37 Muhammad Hashim 84 / 100 Quetta Balochistan 
38 Kamran 83 / 100 Larkana Sindh
39 naeem virk 83 / 100 narowal punjab
40 haroon khan 83 / 100 Quetta Balochistan
41 Ghulam Akber 83 / 100 Sukkur Sind 
42 Majid Hassan 82 / 100 Thatta Sindh
43 Muhammad Ahmed Qureshi 82 / 100 Hyderabad Sindh
44 Atif 82 / 100 Hyderabad Sindh
45 Syed muhammad adil 82 / 100 Hyderabad Sindh
46 Aamir Khan. 81 / 100 Dera Ismail Khan KPK
47 Mansoor Ali 81 / 100 Larkana Sindh
48 nomi 81 / 100 Karak Kpk
49 Wasil shah 81 / 100 Sukkur Sindh
50 Nauman Soomro 81 / 100 Larkana Sindh
51 Nigar 81 / 100 Peshawar Kpk
52 Asadullah 81 / 100 Abbottabad Kpk
53 Hamza Nawaz 81 / 100 Islamabad Islamabad 
54 Faizan Ul Haq 81 / 100 Nowshera Khyber Pakhtunkhwa
55 Shah Zaman 80 / 100 Faisalabad Punjab 
56 Majid Bashir 80 / 100 Awaran Balochistan
57 Rukhsana 80 / 100 Nawabshah Sindh
58 Saad Anwar 80 / 100 Jauharbad Punjab
59 Arslan 80 / 100 Okara Punjab
60 Haider 80 / 100 Multan Punjab
61 Asfandyar 80 / 100 Swabi Kpk
62 Khizar 80 / 100 Abbottabad Kpk
63 Ayesha sheikh 80 / 100 Lahore Punjab
64 Zunaira Ilyas 79 / 100 Bahawalpur Bahawalpur
65 Abdul Waheed 79 / 100 Pano Aqil Sindh
66 Muhammad Tufail 79 / 100 Lahore Punjab 
67 Mustafa 79 / 100 Lahore Punjab
68 Amir Razzaq 79 / 100 Bahawal pur Punjab
69 Sadaqat 79 / 100 Lahore Pakistan
70 Lubna Rafi 78 / 100 Mandi Bahauddin Punjab
71 Ajmal majoka 78 / 100 sargodha punjab
72 Mazhar 78 / 100 Bahawalpr punjab
73 Muhammad Adnan Asghar 78 / 100 Layyah Punjab
74 Imran ali 78 / 100 Usta muhammad Balouchistan
75 Mohammad yaseen 77 / 100 Rawalpindi Punjab
76 Amin khan 77 / 100 Abbottabad Kpk
77 Abdul Naeem 77 / 100 Quetta Balochistan
78 M idrees 77 / 100 Mardan Kpk
79 Rania 77 / 100 FSd Punjab
80 M Ali 77 / 100 Sahiwal Punjab
81 Fouzia Khanam 77 / 100 Sarai-alamgir Punjab
82 abbas 77 / 100 swat kpk
83 Hasnain zafar 76 / 100 Lodhran Punjab
84 Baz baber 76 / 100 Multan Punjab
85 Sadaf Zahra 76 / 100 Hyderabad Sindh,Pakistan
86 Rizwana 76 / 100 Kamoki Punjab
87 Ahmad Ali Lali 76 / 100 chiniot punjab
88 Inamullah 75 / 100 Karachi Sindh
89 raheel riaz 75 / 100 hyderabd sindh
90 Ali Amjad 75 / 100 Lahore Punjab
91 UMM E LAILA 75 / 100 Shiekhupura Punjab
92 Amber Khushbo 75 / 100 Karachi Sindh
93 Sadia Mubasher 75 / 100 Sargodha Punjab 
94 00 75 / 100 00 00
95 Imran Ahmed Khan 74 / 100 Quetta Balochistan
96 imran 74 / 100 Moro sindh Sindh
97 Muhammad Imran Shabbir 74 / 100 DG. Khan Punjab
98 Ali khan 74 / 100 Peshawar Ex- FATA
99 Muhammad Bilal 74 / 100 Bhakkar Punjab
100 Sahra 74 / 100 Quetta Balochistan
101 Sobia 74 / 100 Hfz Punjab
102 Niaz 74 / 100 ISB ICT
103 Mahnoor Asghar 74 / 100 Sargodha Punjab
104 03066240887 73 / 100 kamoke punjab
105 Mohamma Raza 73 / 100 Quetta Balochistan
106 Idrees Habib 73 / 100 Rohillanwali Punjab
107 Balach 73 / 100 Quetta Balochistan
108 Anum Mushatq 73 / 100 Gujranwala Punjab
109 Billal Ahmed 73 / 100 Quetta BalochistaN
110 Syeda 73 / 100 Islamabad Islamabad
111 Adil Mehmood 73 / 100 khanpur KPK
112 KamranShehzad 73 / 100 Sargodha Punjab
113 Sanam 73 / 100 Tarbela dam Kpk
114 Saima Abas 73 / 100 DONGA BONGA Punjab
115 Muhammad Azam khan 72 / 100 Bannu Kpk
116 Hafiz Asad 72 / 100 Lahore Punjab
117 Ajay 72 / 100 Karachi Sindh Urban
118 saqib akhtar 72 / 100 Lahore Punjab
119 Shah Zaman 72 / 100 Peshawar Kpk
120 Arslan Sarwar 72 / 100 Shahpur sadar Punjab
121 Sami 72 / 100 Mianwali Punjab
122 Shakib john 71 / 100 Gujranwala Gujranwala
123 Shairyar Khan 71 / 100 Quetta Balochistan 
124 Khairulabrar 71 / 100 Swabi Kpk
125 Zubair Ali 70 / 100 Lahore Muridke
126 Javaria 70 / 100 Multan Punjab
127 Javid Ahmed 70 / 100 Quetta Baluchistan
128 Muhammad umair  70 / 100 Quetta Balochistan
129 Amjad Ali 70 / 100 Sukkur Sindh
130 Hamza Zia Lodhi 70 / 100 CHICHAWATNI Punjab
131 Asad 69 / 100 Lahore Punjab
132 Umar Gilani 69 / 100 Multan Punjab
133 Sikander 69 / 100 Jhang Punjab
134 Hina Fayyaz 68 / 100 Sargodha Punjab
135 Ihsan Ullah 68 / 100 Panjgur Balochistan
136 Awais Ali 68 / 100 Gujranwala Punjab
137 Abid Hussain 68 / 100 Umerkot Sindh
138 Reena 67 / 100 Larkana Sindh
139 Hamza zubair 67 / 100 Bwn punjab 
140 Haroon 67 / 100 Quetta Balochistan 
141 Noman Khan 67 / 100 Peshawar KPK
142 Fatima 67 / 100 Fsd Punjab
143 Aftab 66 / 100 Quetta Balochistan 
144 Ali 66 / 100 Gujranwala Pujanb 
145 Rimsha 66 / 100 Lahore Punjab 
146 Haider 66 / 100 Skardu Gilgit Baltistan 
147 Usman 66 / 100 Lahore Lahore 
148 Arslan Subhani 65 / 100 Lahore Punjab
149 Majid 65 / 100 Islamabad Islamabad 
150 taimoor shah 64 / 100 peshawar kpk
151 Abdul fehd 64 / 100 Shakargarh Punjab
152 UMAIR AHMED 63 / 100 QUETTA Balochistan
153 Tahir ali 63 / 100 Islamabad Punjab
154 Syed inayat ullah 63 / 100 Quetta Balochistan 
155 Bahawal Khan Jamali 62 / 100 Shikarpur Sindh
156 Muhammad Azhar 62 / 100 Gojra Punjab
157 Aimen 62 / 100 Peshawar Kpk
158 Mehnaz ayoub 62 / 100 Islamabad Punjab
159 Farheen 61 / 100 Rawalpindi Punjab
160 Muhammad Asim 61 / 100 Mardan KPK
161 Azeem ullah 61 / 100 Lahore Punjab
162 Naseer Khan 60 / 100 Quetta Balochistan
163 Noor 58 / 100 Naushahro Feroze Sindh Rural
164 Shahid zaman 58 / 100 Layyah Punjab
165 Rafi Ullah 58 / 100 Quetta Balochistan 
166 Zunira ch 58 / 100 Gujranwala Punjab
167 Ahsan 57 / 100 Lahore Punjab
168 Noor Ul Haq Afridi 57 / 100 Lahore Punjab 
169 zaria khan 57 / 100 lahore punjab
170 Sayed Iftikhar Hussain 56 / 100 Lahore Punjab
171 Aamir Baloch 55 / 100 Quetta Balochistan 
172 Syed salman hyder 55 / 100 Tehsil gandakha district jaffarabad Balochistan
173 Ghulam Fareed 54 / 100 Multan Punjab
174 Aqsa Zulifqar 54 / 100 Bahawalpur Punjab
175 MUHAMMAD UZAIR 54 / 100 Nowshera KPK
176 Saddam 53 / 100 Peshawar Kpk
177 Madiha bashir 53 / 100 Gujranwala Punjab
178 Muhammad Zabrain 51 / 100 Lahore Punjab
179 Muhammad Adnan khan 51 / 100 Peshawar Kpk
180 Muhammad Asif 50 / 100 Islamabad Capital Territory 
181 Abrar ali 50 / 100 Larkana Sindh
182 Saba Saleem 49 / 100 Lahore Punjab
183 muhammad adnan 49 / 100 chakwal punjab
184 Sami ullah 49 / 100 Nowshera KPK
185 Jabran  Jamshed 48 / 100 Lahore Punjab
186 Qasim raza 47 / 100 Rawalpindi Punjab
187 Changaiz Anwar 46 / 100 Quetta Balochistan
188 Hamza 38 / 100 Bwp Punjab 
189 Hamza 38 / 100 Bwp Punjab 
190 muhammad ayaz 37 / 100 Peshawar Kpk
191 Ajiz 33 / 100 Bhakkar Punjab
192 MUHAMMAD JUNAID 28 / 100 BAHAWALPUR bahawalpur
193 zaria 27 / 100 Karachi Sindh
194 Faizan ahmad 26 / 100 Bhakkar Punjab





Saturday, February 5, 2022

MCQs

==============

1. Pakistan Fiscal year starts from:

a) 1st September

b) 1st January

c) 1st April

d) 1st July


2. Which is provincial tax in Pakistan?

a) Excise tax

b) Sales Tax

c) Import Duty

d) Motors token tax


3. There is how many chapters included in Income Tax Ordinance?

a) 11 Chapters

b) 12 Chapters

c) 13 Chapters

d) 14 Chapters


4. There is how many schedules included in Income Tax Ordinance 2001?

a) 9 Schedules

b) 6 Schedules

c) 7 Schedules

d) 8 Schedules


5. There is how many sections included in Income Tax Ordinance 2001?

a) 235 sections

b) 240 sections

c) 250 sections

d) 260 sections


6. Corporate tax is levied on:

a) Landlords 

b) Municipal corporation

c) Joint stock companies

d) Importers


7. Central Excise Act, 1944 was repealed by

a) The Federal Excise Act, 2002

b) The federal Excise Act, 2004

c) The Federal Excise Act, 2005

d) The Federal Excise Act, 2007


8. Name of Central Excise Duty has been changed as a Federal Excise Duty on

a) 1st July, 2003

b) 1st July, 2005

c) 1st July, 2007

d) 1st July, 2008


9. Inland Revenue Wing of the FBR was created, which is combination of ___________ domestic taxes.

a) 3

b) 4

c) 5

d) 6


10. If we deduct direct tax from personal income, we get:

a) Net national income

b) Personal saving

c) Disposable income

d) Per capita income


11. The largest part of national income is

a) Consumption

b) Investment

c) Transfer payments

d) Saving


12. We measure national income by this method:

a) Expenditure Method

b) Income Method

c) Product Method

d) All of above


13. The most important source of a government is:

a) Foreign loans

b) Taxes

c) Printing of new money

d) Sale of government property


14. In Pakistan, taxes are levied by:

a) Prime minister of Pakistan

b) President of Pakistan

c) Federal Cabinet of ministers

d) National Assembly


15. Government finance is called

a) National Finance

b) Public finance

c) Private finance

d) Both a and b


16. A direct tax is that which:

a) Is heavy burden on the tax payer

b) Can be directly deposited in the banks

c) Cannot be evaded

d) Is paid by the person on whom it is levied


17. In Pakistan government budget is prepared by:

a) National Assembly

b) President of Pakistan

c) Ministry of Finance

d) State Bank of Pakistan


18. If government increases taxes, private savings:

a) Increase

b) Decrease

c) Do not change

d) Will become zero


19. Taxes on commodities are :

a) Direct taxes

b) Indirect taxes

c) Progressive taxes

d) Proportional tax


20. Govt. Prepared its budget:

a) Weekly

b) Monthly

c) Annually

d) Quarterly


21. It is direct tax:

a) Excise tax

b) Sale tax

c) Income tax

d) Custom duty


22. Which tax is not shared between central and provincial governments?

a) Excise tax

b) Sales tax

c) Custom duty

d) Property tax


23. Which is provincial tax in Pakistan?

a) Excise tax

b) Sales tax

c) Import duty

d) Motor token tax


24. The budget estimate prepared by ministry of finance is finally approved by:

a) State Bank

b) President

c) Senate

d) National Assembly


25. Devaluation means

a) Change in the currency of a country

b) Decrease in the value of gold

c) Decrease in the value of money in terms of foreign currency

d) Decrease in the value of money internally


26. When the central Board of Revenue (CBR) was established?

a) 1st April, 1924

b) 7th April, 1924

c) 6th April, 1924

d) 9th April, 1924


27. What is the main function of money?

a) To buy eatables from the market

b) To serve as a medium of exchange

c) To earn interest from a bank

d) To buy luxurious goods


28. A direct tax is that which:

a) Is heavy burden on the tax payers

b) Can be directly deposited in the banks

c) Cannot be evaded

d) Is paid by the person on whom it is levied


29. Special procedure under the title of Sales Ta special procedure (Withholding Tax) Rules 2007 was introduced on:

a) 20th June 2007

b) 10th June 2007

c) 30th June 2007

d) 25th June 2007


30. Whom of the following propounded principles of taxation: 

a) Keynes

b) Marshall

c) Adam Smith

d) Al Ghaali


31. There is how many schedules included in the Sales Tax Act, 1990?

a) 9 schedules

b) 6 schedules

c) 7 schedules

d) 8 schedules


32. There is how many sections included in the Sales Tax Act. 1990?

a) 75 Sections

b) 80 sections

c) 85 sections

d) 95 sections


33. Which section of sales tax act, 1990 deals with Special Audit by Chartered Accountants or Cost Accountants?

a) 29

b) 30

c) 31

d) 32-A


34. Which Section of the Sales Tax Act, 1990 deals with offences and penalities?

a) 33

b) 34

c) 35

d) 36


35. No person other than a ________ shall make any deduction or reclaim input tax in respect of taxable supplies made or to be made by him.

a) Unregistered person

b) Registered person

c) Association

d) None of these


36. In Pakistan, income tax is collected by:

a) Local govt.

b) Provincial govt.

c) Federal govt.

d) All governments


37. Sales tax in Pakistan is:

a) Direct and progressive

b) Direct and proportional

c) Indirect and progressive

d) Indirect and proportional


38. It is easy and convenient to pay:

a) Direct tax

b) Indirect tax

c) Proportional tax

d) Progressive tax


39. It is difficult to evade:

a) Direct tax

b) Indirect 

c) Proportional

d) Progressive tax


40. Which tax is not shared between central and provincial governments?

a) Excise tax

b) Sales tax

c) Custom duty

d) Property tax


41. Which is provincial tax in Pakistan?

a) Excise tax

b) Sales tax

c) Import duty

d) Motors token tax


42. What is benefit of tariffs?

a) Increased choice

b) Increased government revenue

c) More competition

d) More trade


43. Pakistan public debt is:

a) Larger than GNP

b) Equal to GNP

c) Smaller than GNP

d) Smaller than our exports


44. Pakistan fiscal year start from:

a) 1st September

b) 1st January

c) 1st April

d) 1st July


45. As per law each registered person must file a return by the _________ of each month regarding the sales made in last month.

a) 10th

b) 15th

c) 20th

d) 25th


46. There are ___ director generals in FBR?

a) 6

b) 7

c) 9

d) 10


47. There are ___ large taxpayer units for inland revenue collection

a) 2

b) 5

c) 3

d) 6


48. Fiscal laws means a general reference to the laws relating to:

a) Budget matters

b) Finance matters

c) Tax matters

d) None of these


49. The federal budget is presented in the parliament by:

a) Prime Minister

b) President

c) Finance minister

d) Commerce minister


50. System of eTax in Pakistan was introduced in?

a) 2007

b) 2008

c) 2009

d) 2010


 Answers


1d 2d 3c 4d 5b 6c 7c 8b


 9a 10c 11a 12d 13b


 14d15b 16d 17c 18b 19b


 20c 21c 22d 23d 24d


25c 26a 27b 28d 29c 30c 


31a 32a 33d 34a35b 36c 


37d 38b 39a 40d 41d 42b 


43c 44d 45b 46b 47c 48b 


49c 50b.

LAST GRAND TEST RESULTS 19-02-2022 (GOOD LUCK)

  SR NAME Score CITY PROVINCE 1 Alia 96 / 100 Lahore Punjab 2 Hassan Rashid 91 / 100 Kahuta Kpk 3 Suman Choudhary ...