Pakistan E-Commerce Policy 2019 Is Approved

Trending

Top 10 Pakistani YouTubers in 2021

PHere is a list of Top 10 Pakistani Youtubers 2021. These YouTubers have entertained us in every related niche...

Top 10 Pakistani Blogger Earning 2021

Top 10 Pakistani Blogger 2021 | Pakistani Blogger Earning in 2021:- First of all, there is no doubt that...

Top 10 Indian Tech YouTube Channel 2021

Top 10 Indian Tech YouTube Channel in 2021: YouTube is now one of the top media hubs nowadays. From...
tipstechnology
Tips Technology is the Online Publication with in-depth Coverage of Tech, whether it's a Gadget or an Awesome Web Service.

Pakitan’s much-awaited very first E-Commerce policy is finally approved by the cabinet. This policy was first introduced three years ago. The previous govt didn’t pay attention to the most emerging market in the country. Hence, the file was waiting to be considered for around three years. This time, Prime Minister and company pay attention to E-Commerce Industry and carry out the file and presented in the cabinet meeting. And finally, Pakistan E-Commerce Policy is approved by the federal cabinet.

Benefits Of Pakistan E-Commerce Policy

There are numerous benefits of this policy. E-Commerce industry of the country will be regulated. The industry will flourish by time because the govt is paying attention to digital businesses. Moreover, the country’s economy will also grow because govt will take tax from big e-commerce giants like Daraz. The biggest benefit of Pakistan E-Commerce Policy is that Govt is thinking to create a universal payment gateway to send or receive payments. This payment gateway will be approved by the State Bank of Pakistan. Anyone will be able to send or receive payments locally as well as internationally.

Prime Minister Iman Khan’s Commerce Advisor announced this great news over twitter.


Moreover, this initiative will help local businesses to flourish, grow, as well as the country’s economy will also get support when international remittances will come in our banks.

This policy will also provide job and employment opportunities. Uneducated people will also get a kind of delivery man job when our digital industry flourish. Pakistan E-Commerce policy is the kick start to our digitalization.

Key Factors

Pakistan E-Commerce Policy Is Approved By Cabinet - Tips Technology

  • E-Commerce Regulation
  • Digitalization
  • Financial Inclusion
  • Youth Empowerment via E-Commerce
  • Consumer Protection
  • Taxation of E-Commerce Industry
  • Global Connectivity
Other Programs Of Current Govt
  • Kamyab Jawan Programme
  •  One Women
  • Digital Connectivity
  • Cashless Payment Initiative
  • One-Bank Account Programme

These are some expected outcomes of the Pakistan E-Commerce Policy and we hope for the leverage in revenue of the industry as well as the leverage of Pakistan’s Economy.

Suggested Readings

Asaan Tax FBR Application

Pakistan E-Payment System Introduced By Fawad Chaudhary

Top Stories

Huawei P50 Price in Pakistan (PK), Full Specs

Huawei P50 Price in Pakistan (179,990), Specification Revealed. Huawei P50 Revealed HiSilicon Kirin 990E Chipset, 12GB Ram / 256GB...

How to Ensure you Get the best Cyber Monday Deals Online in 2020

How to Ensure you Get the best Cyber Monday Deals Online in 2020 We are closing in on Cyber Monday, the biggest shopping holiday of...

Honor V40 Price in Pakistan (PK) | Full Specs Revealed

Honor V40 Price in Pakistan (55,000), Specification Revealed. Honor V40 Revealed Kirin 9000 Chipset, 8GB Ram / 26GB Storage, 50 MP Primary Camera, and...