The newly integrated System, jointly launched in March 2018 by SECP and FBR, digitally registers companies and issues national tax number (NTN) also called virtual One-Stop Shop for Ease of doing Business registers ________ companies in first 6 months?
Correct answer: B. 7000
- A. 6000
- B. 7000
- C. 8000
- D. 9000
Explanation
The SECP-FBR virtual One-Stop Shop combines company incorporation with tax registration, reducing separate paperwork for businesses. It registered about 7,000 companies in its first six months, illustrating the system’s early uptake.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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