MCQ Bank

A retail enterprise faces an initial corporate income tax rate of 30%. If the federal budget reduces this tax rate to 24%, what is the relative percentage reduction experienced by the enterprise's tax rate?

A regional compliance office screens 2,500 tax profiles. If they flag 12% of these profiles for audit, and 5% of the audited profiles are proven to contain defaults, what is the absolute count of defaulting profiles?

An individual pays 10% income tax on their net taxable income. Under a progressive policy, their tax rate is raised to 15% on the same income. If their original tax paid was 30,000 PKR, what is the new tax amount?

An individual's baseline tax liability was originally calculated as 12,000 PKR under a 10% tax bracket. If a revised progressive policy moves them into a 15% tax bracket on the same net taxable income, what is their new absolute tax liability?

The base tariff of an industrial unit is reduced by 10% due to subsidy adjustments. One month later, an emergency fuel adjustment surcharge increases the new tariff by 20%. What is the net percentage change from the original base tariff?

A retail item is subject to an initial Sales Tax rate of 15%. Due to budgetary adjustments, this tax rate is subsequently increased to 18%. By what percentage did the total tax collection component increase?

A taxpayer pays 15% income tax on their net taxable income. If the total tax paid is 45,000 PKR, what is the total net taxable income of the individual?

After 25% discount and 55% tax on discounted price, the final price is 1260. The original price is: