The scheme does not provide a waiver for previous tax liabilities; officials explicitly stated that the initiative should not be described as an amnesty scheme. The other options are valid benefits granted to participants. [Source: https://www.dawn.com/news/2005415/govt-launches-scheme-to-bring-small-shop-owners-into-tax-net, 05 Jun 2026]
64222
The PPP has introduced which of the following initiatives to provide support to farmers?
The PPP chairman highlighted the Benazir Kisan Card as a key initiative through which the party has provided assistance to millions of farmers across the country. [Source: https://www.dawn.com/news/2000262/govt-has-not-contacted-ppp-over-any-constitutional-amendment-bilawal, 14 May 2026]
64223
Which of the following groups is explicitly exempt from the Fixed Tax Asaan Scheme?
The government explicitly excluded kiosks and pushcart-based small traders from the scope of the Fixed Tax Asaan Scheme. Other categories, such as existing filers and non-filers, are eligible provided they meet the turnover criteria. [Source: https://www.dawn.com/news/2005415/govt-launches-scheme-to-bring-small-shop-owners-into-tax-net, 05 Jun 2026]
64224
What is the maximum annual turnover threshold for a business to be eligible for the Fixed Tax Asaan Scheme?
The scheme is specifically designed for small traders and shopkeepers whose annual turnover does not exceed Rs200 million. Businesses exceeding this limit, particularly Tier-1 branded retailers, are ineligible for the simplified regime. [Source: https://www.dawn.com/news/2005415/govt-launches-scheme-to-bring-small-shop-owners-into-tax-net, 05 Jun 2026]
64225
Which of the following measures was NOT implemented by the government in response to the fuel crisis announced on March 7, 2026?
The government explicitly decided to shelve the proposed fuel conservation plan, which included work-from-home and distance learning measures. The other three options were active policy decisions taken by the government. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
64226
Which official announced the record-breaking fuel price hike during the press conference held on March 7, 2026?
Petroleum Minister Ali Pervaiz Malik announced the price hike during the press conference. While Ishaq Dar and Muhammad Aurangzeb were present, the announcement was delivered by the Petroleum Minister. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
64227
Which strategic maritime chokepoint was identified by the Petroleum Minister as being severely affected by the ongoing regional conflict, impacting Pakistan's oil supplies?
The Strait of Hormuz is the critical chokepoint mentioned as being affected by the conflict, necessitating alternative shipping routes for Pakistan's fuel imports. The other options are major maritime routes but were not the focus of the minister's statement regarding current supply disruptions. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
64228
Following the price revision on March 7, 2026, the Petroleum Development Levy (PDL) on high-speed diesel was adjusted to which of the following rates?
The government reduced the levy on high-speed diesel to Rs57 per litre from Rs77 per litre to mitigate the impact of the price hike. Rs105 per litre represents the new levy rate for petrol, not diesel. [Source: https://www.dawn.com/news/1979341/petrol-bomb-falls-on-pakistan-amid-war, 07 Mar 2026]
64229
Which of the following sectors was NOT explicitly mentioned by the Finance Minister as receiving relief in the 2026-27 budget?
The Finance Minister specifically listed exporters, manufacturers, the IT sector, construction, and the salaried class as beneficiaries of relief measures. The agricultural sector was not included in this specific list of relief recipients. [Source: https://www.dawn.com/news/2007374/finmin-aurangzeb-says-govt-committed-to-reducing-tax-burden-by-widening-tax-net, 12 Jun 2026]
64230
The withholding tax on foreign debit and credit card transactions has been reduced to which of the following rates?
The government slashed the withholding tax on foreign debit and credit card transactions from 5 percent to 0.5 percent to facilitate digital transactions. This is a specific fiscal measure introduced in the 2026-27 budget. [Source: https://www.dawn.com/news/2007283/govt-unveils-rs188tr-budget-for-fy2026-27-gdp-growth-targeted-at-4pc, 12 Jun 2026]
