BUSINESS TAXATION

1. Discuss the various types of reliefs and allowances which can be claimed as tax credit by an individual.
2. Discuss the various type of assessment made by commissioner income tax.
3. Discuss the procedure for filing of appeals and references under the income tax law.
4. What is meant by agriculture income and explain its types is it is taxable in Pakistan? Give at least example
of agriculture income and five example of Non agriculture income.
5. What is provident fund? Discuss the treatment of various types of provident fund for inclusion in total
income and exemption from income tax.
6. Why is the distinction between capital and revenue important from income tax view point?
7. Briefly explain different tests for differentiating capital and revenue expenditure.
8. Discuss the power and function of chief commissioner in land revenue.
9. What are the different types of perquisites enjoyed by the salaried individual, Discuss?
10. Explain the legal provision governing the filing of return of total income under the income tax ordinance.
11. Discuss the provision regarding the payment of advance tax under the income tax ordinance 2001.
12. What are the conditions late under the income tax ordinance for depreciation allowance?
13. What are the various types of losses? How can these losses be set of or carry forward?
14. What are the different types of returns under sale tax act 1990?
15. Discuss the composition of appellate tribunal in land revenue; what are the functions perform by it.
16. All definition of income tax and sales tax.
17. Numerical problems of Income tax and Sales Tax?

ECONOMICS OF PAKISTAN

1. Main measures of Economics

2. Common characteristics of developing countries
3. Determinates or requisites of Economic Development
4. Obstacles or constraints on the path to Economic development in developing countries
5. Vicious circle of poverty OR A country is poor because it is poor.
6. What is capital formation? Its role in economics development, sources of capital formation, causes
of low rate of capital formation in Pakistan.
Population growth and economic development.
7. Human capital and its Role in economic development.
8. Importance of human development.
9. Unemployment problem in Pakistan.
10. Mechanism of agriculture in Pakistan.
11. Types of agriculture credit.
12. Agriculture marketing, its problems.
13. Agriculture price policy.
14. Pakistan steel and its impact on the economy.
15. What is cottage and small scale industry? Importance of small and medium enterprises, problems of
small scale enterprises.
16. Balance of trade payments, Pakistan’s balance of payments, and Exports promotion measures.
17. Role of transport and communications, the features and development of Railways in Pakistan.
18. Problems of Pakistan Railways and their solution.
19. What are economic planning, need and role of planning in developing economic like Pakistan?
20. Budget formulation, Federal budget of Pakistan.
21. Foreign debt burden and debt serving problems in Pakistan.
22. What is direct private investment?
23. Roll of technology in development
BCRW
IMPORTANT TOPICS
1. Principles of business communication/7Cs
2. Elements of communication.
3. Process of communication.
4. Types of communication.
5. Good news message + Bad news message.
6. Direct and indirect request.
7. Collection letter
8. Sales letter
9. Credit letter
10. Application + Resume/ CV
11. Essentials of Business Report/ types.
12. Oral presentation.
13. Informative speaking.
14. Barrier of communication.
15. Five planning steps of effective B. message.
BUSINESS TERMS

Bullish Arrival
Bearish Turn over
Bull Set back
 Bear Inflation
Glut Deflation
Market value Blue chips
Speculation Recession
Demurrage Power of attorney
Street price Cap price
Boom tender
Dumping Dips
Stag Haggling
Hedging Ex-ship
flat Lame duck

IMPORTANT SHORT QUESTIONS

1. What is business communication.

2. Diagonal communication.
3. Solicited & un-solicited application
4. CV abbreviation
5. Yours truly,(corrected form)
6. Complementary close
7. Official letter
8. What is Dunning letter
9. What is solution in business letter?
10. Good news letter.
11. 3 fold purpose of collection letter.
12. You attitude
13. Paralanguage.
14. What are barriers of communications?
15. Importance of subject line.
16. Difference between cancellation & refusal of order letter.
17. Define non-verbal communication.
18. Difference between upward and downward communication.
19. Feedback.
20. Why reports are written.
21. What is adjustment letter?
22. Importance of inside address.
23. What is complaint letter?
24. What is conciseness?
25. Define an organization.
26. Differentiate between encoder and decoder.
27. Semantic barriers.
28. What is meant by mode of payment
 B.Com-II
Business LAW
1. Define contract. Give brief note on offer and acceptance.

2. Define and difference between indemnity and guarantee.

3. All contracts are agreement, but all agreements are not contracts” discuss.

4. Give rights of unpaid seller.

5. Define and differentiate bill of exchange, cheque and promissory note.

6. Discuss railway as a common carrier.

7. What is free constant? Discuss the elements and position of contract when the consent is not free.

8. What is consideration? Discuss its important rules and elements. Also explain exceptions.

9. What is bailment? Explain the various rights and duties of bailor and bailee.

10. What is contract of sale? Also make a difference between “sale” and agreement sell.

11. What are the powers and functions of national industrial relation commission discuss in detail.

12. What is common carrier? Discuss its rights and duties.

13. What is capacity to contract? What is the nature of agreement made by persons incompetent to contract?

14. Define contract and also explain the different kinds of contract.

15. What are various ways in which a contract may be discharged?

16. Briefly Explain implied conditions and warranties. Also discuss doctrine of caveat emptor.

17. Explain Different remedies for breach of contract.

18. Difference between common carrier and private carrier.

19. Define trade union and discuss the requirement for registration of trade union.

20. Define Agency. Explain the different types of Agents.

21. Define Agency. Explain the rights & duties of an Agent in contract of agency.

22. Define crossing of a cheque. Explain its types & who may cross it.

23. Define Consideration and explain the statement ‘ No Consideration No Contract ’

24. Define Quasi Contract? Explain its kinds.

25. Describe unfair labour practices on the part of employer and workmen.

26. Define negotiable instrument? Explain its features / Characteristics?