In Pakistan, sales tax on services is generally collected by:
Correct answer: A. Provincial revenue authorities
- A. Provincial revenue authorities
- B. The State Bank of Pakistan
- C. The National Highway Authority
- D. The Election Commission of Pakistan
Explanation
After constitutional changes, provincial revenue authorities generally administer sales tax on services within their respective provinces. The Federal Board of Revenue mainly collects federal taxes, including sales tax on goods.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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