CAF-2 · Chapter 2 · Question 8 of 15
Which of the following is a primary duty of the National Finance Commission?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) B) To make recommendations regarding the distribution of net proceeds of taxes between the Federation and the Provinces
Explanation
It is the duty of the National Finance Commission to make recommendations to the President regarding the distribution of the net proceeds of taxes between the Federation and the Provinces.
More Constitutional Provisions on Taxes MCQs
- Q10According to the Constitution, the net proceeds of the Federal duty of excise on natural gas levied at the well-head shall be paid to:
- Q11Under the Federal Legislative List of the Constitution of Pakistan, the Federal Government has the power to impose taxes on:
- Q12According to the Federal Legislative List, the Federal Government can legislate and impose taxes on the sales and purchases of goods…
- Q13A Provincial Assembly may impose taxes on persons engaged in professions, trades, or employments. According to the Constitution, such a…
- Q14Under the Constitution, which of the following statements is true regarding the taxation of government property or income?