E-commerce policy to encourage small businesses: Firdous Ashiq

E-commerce policy to encourage small businesses: Firdous Ashiq.

ISLAMABAD (Web Desk) – Special Assistant to Prime Minister on Information and Broadcasting Dr. Firdous Ashiq Awan said E-commerce is an important government step under the Prime Minister’s vision to ensure ease of doing business and encourage young people and small businesses.

In a series of tweets on Wednesday, she said E-commerce policy will harmonize Pakistan’s economy with contemporary modern needs and lead to increased business activity. The Special Assistant said digitizing financial matters will ensure protection of investment and consumer rights.

She said under the policy, companies doing business worth one million rupees in a year will have to be registered with SECP. She said the State Bank will provide guidelines to traders on digital onboarding.

Dr Firdous Ashiq Awan said to avoid double taxation simple single tax return form will be introduced and logistic sector will be transferred to E-commerce to make it efficient and effective.