Explanation

The Council of Common Interest (CCI) is a constitutional body in Pakistan entrusted with resolving disputes between the provinces and the federation.

It ensures cooperation and coordination on matters like natural resources and economic policies.

Explanation

Explanation

Explanation

OGRA stands for Oil and Gas Regulatory Authority.

It is the regulatory body responsible for overseeing the oil and gas sector in Pakistan.

It was established in 2002.

It to ensure a fair and transparent regulatory framework for the exploration, production, transportation, and distribution of oil and gas resources.

Explanation

The Federal Board of Revenue (FBR) is responsible for collecting various types of taxes in Pakistan, including:

Income Tax: FBR collects income tax from individuals and businesses.

Federal Excise Duty (FED): FBR collects FED on certain goods and services.

Sales Tax: FBR collects sales tax on goods and services.

Additionally, FBR also collects other types of taxes, such as:

• Customs duty
• Property tax
• Wealth tax
• Gift tax
• Inheritance tax