Abdul Razak Dawood Chairs 2nd National eCommerce Council meeting

BusinessAbdul Razak Dawood Chairs 2nd National eCommerce Council meeting

ISLAMABAD, Pakistan: The Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Friday presided over the 2nd National eCommerce Council meeting.

In the meeting, the participants discussed the detailed implementation plan of Pakistan’s eCommerce Policy, progress made in the six months included breakthrough with Amazon, and cross border facilitation.

The adviser expressed pleasure over the progress made by the provinces to attract more and more eCommerce platforms through tax facilitation and the promotion of digital payment.

eCommerce - The Prime Minister’s Adviser on Commerce and Investment Abdul Razak Dawood on Friday presided over the 2nd National eCommerce Council meeting. In the meeting, the participants discussed the detailed implementation plan of Pakistan’s eCommerce Policy, progress made in the six months included breakthrough with Amazon, and cross border facilitation. The adviser expressed pleasure over the progress made by the provinces to attract more and more eCommerce platforms through tax facilitation and the promotion of digital payment. The Khyber Pakhtunkhwa government has reduced the general sales tax (GST) to 2 percent for online platforms and the Punjab government has reduced the GST to 5 percent. Abdul Razak Dawood said that there is a reduction in sales tax for certain sectors only on digital payments. The adviser said that the women's economic empowerment group will become operational soon to have dedicated initiatives for women entrepreneurs. Furthermore, he said that a mobile app ‘WCom’ is being developed to facilitate the youth and women entrepreneurs. The prime minister’s adviser said that a Sub-Committee on Shift to Digital Payments will work with small and medium enterprises (SMEs) and logistics companies for capacity building and develop a scorecard to monitor progress.
Abdul Razak Dawood

The Khyber Pakhtunkhwa government has reduced the general sales tax (GST) to 2 percent for online platforms and the Punjab government has reduced the GST to 5 percent.

Abdul Razak Dawood said that there is a reduction in sales tax for certain sectors only on digital payments.

The adviser said that the women’s economic empowerment group will become operational soon to have dedicated initiatives for women entrepreneurs.

Furthermore, he said that a mobile app ‘WCom’ is being developed to facilitate the youth and women entrepreneurs.

The prime minister’s adviser said that a Sub-Committee on Shift to Digital Payments will work with small and medium enterprises (SMEs) and logistics companies for capacity building and develop a scorecard to monitor progress.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Advertisement