FBR | Functions | Inland Revenue | Taxation | Sales | Income | Excise | Fiscal Policy

Q. Which from the following are the responsibilities of FBR chairman?
I. Formulation and administration of fiscal policies
II. Levy and collection of federal taxes
III. All matter relating to administrative control
(A) I and II
(B) I and III
(C) II and III
(D) I, II and III

The answer is: (A) I and II
The chairman FBR is responsible for the formulation & administration of fiscal policies and levy & collection of federal taxes.

Functions of FBR MCQs

• All budget and policy matters relating to dutiable / taxable goods and services is the responsibility of
• Which from the following sections work under the Chief (Income Tax – Policy)?
• Matters pertaining to reforms/ restructuring/ reorganization is the responsibility of inland revenue
• Matters related to parliament business, cabinet matters and ADR, FTO matters (Income Tax/ Sales Tax) is the responsibility of inland revenue
• Valuation of goods and tariff values is the responsibility of
• Post budget clarifications and issuance of SROs is the responsibility of
• Taxpayers Registration for Income Tax and Sales Tax is the responsibility of Inland Revenue
• Assignment and monitoring of collection targets of Income Tax, Sales Tax and Federal Excise duty is the responsibility of IR
• Matters pertaining to Income Tax, Sales Tax and Federal Excise duty Jurisdiction is the responsibility of IR
• Which from the following is the direct responsibility of chairman FBR?
• Which from the following is NOT the responsibility of Chief Commissioners LTUs?
• Which from the following is the responsibility of Chief Commissioners LTUs?
• Which from the following are the responsibilities of FBR chairman?
• Functions of FBR MCQs Test Questions with Answers