The PTI government offers good news for registered freelancers and young passionate entrepreneurs in Pakistan. By developing Pakistan’s first e-commerce web portal, E-Tijarat, they are assisting freelancers across the country.
In this article, we’ll go over everything you need to know about E-Tijarat, including its most important features..
E Tijarat Portal Pakistan
Pakistan’s prime leader, Imran Khan, announced a zero-tax rate for IT freelancers and offered “all-out facilitation” to budding firms.
They made the announcement in Islamabad during the launch of the ‘National e-Tijarat Portal,’ an e-commerce portal. PM Khan mentioned that the government is dedicated to providing the younger generation with digital skills that will enable them to change their lives, drive economic growth, and help the country overcome its trade deficit.
He remarked that current technology gives Pakistani women a lot of opportunities. The prime minister predicted that with government aid, the country’s IT exports might “reach $50 billion in a few years.”
About E-Commerce
E-Commerce, or electronic commerce, refers to the purchase and sale of goods and services over the internet.
E-commerce is commonly defined as commercial marketing conducted via the internet.
• Amazon,Daraz, Flipkart Alibaba are just a few examples of E-commerce websites with online stores.
E-commerce has come a long way to connect with clients over the internet. Industries may communicate with their customers, offer information about new products, and complete sales via their websites and online marketing.
E-Commerce Portal
Prime Minister Imran Khan has launched Pakistan’s first e-commerce online portal. E-Tijarat is the name of the official e-commerce portal. It would, he claims, increases trading. It will support the government’s efforts to improve commercial transparency.
Prime Minister Imran Khan has formally launched the E-Tijarat Platform, Pakistan’s first e-commerce web portal. He announced the formation of a zero-tax approach for freelancers currently registered in Pakistan at the E-Commerce Pakistan Convention.
Many individuals associated with the information technology (IT) sector have become millionaires, according to Pakistan’s Prime Minister. Both the IT sector and young people have received special attention from the government. The world has entered the digitalization era because of the advancement of information technology.
The E-Tijarat portal is a domain that is always changing and improving as technology advances. Businesses compete with one another for a large percentage of the market.
One approach for eCommerce stores to become more unique for customers is to keep track of their preferences and their e-commerce experience for what they like and are passionate about.
In most online retailers, there is already a similar aspect to the recommended products category. It makes recommendations to customers based on their browsing history.
E Tijarat Portal Features
The site will offer freelancers educational opportunities and marketplace opportunities to help them grow and flourish as business owners.
• Promoting ‘Made-in-Pakistan’ products throughout the country would benefit the economy.
• An e-commerce accrediting agency will be established to accredit freelancers. Live data on entrepreneurs and freelancing, and also data on logistics businesses, banks, online transfer facilities, shipment, access to market, taxes, and logistical reservations, would all be available on the platform.
PTI’s IT Sector Strategy
The Prime Ministers’ special assistant on e-commerce declared that the government wants to migrate 50,000 SMEs to digital platforms and give 1 million young people financial independence. He explained that the government is aiming to raise the value of e-commerce trade from $4 billion to $7.5 billion by the end of 2022, and to $9 billion by the following year.
In the modern era, integrating information technology into all aspects of commerce has profoundly altered how firms function and provide value to their customers. Amid economic disparities and global crises, this digital transformation has also enabled young professionals to question the existing and become even more resilient. With the opening of the National E-Tijarat Portal, Pakistan has made a step on the right path when nations throughout the world are moving toward a digital revolution.
According to the top media sites, the PM declared, “Pakistan can meet the aim of IT exports of PKR 50 billion.” “Some sectors have already achieved this, with IT exports increasing to PKR 3.75 billion.” We will remove barriers to our youth’s development and give them resources. We’ll make the most of the technological revolution.”
He also encouraged young people to take part in the current IT revolution in order to make revenue and assist close the trade gap.
“We are amid a technological revolution.” It is something that the youth should not overlook. In a few years, we expect the country’s IT exports to exceed $50 billion,” the prime minister stated.
Pakistan’s IT Sector Advancements
In 2021, Pakistan’s e-commerce business was worth $4 billion, while the global e-commerce market was around $30 trillion, highlighting the country’s huge potential, he said.
Pakistan’s technology exports will top $2 billion for the first time in the country’s history in the fiscal year 2020-21. The government seeks to boost the country’s technical exports by providing more incentives to local enterprises. Pakistan has the fourth-fastest-growing freelancing industry in the world.
In 2020-21, Pakistan’s freelancing exports climbed to $396 million, up from 214 million the previous year. In the fiscal year 2021, Pakistan’s Total E-banking transactions surpassed $500 billion, topping the country’s GDP. To make financial services more accessible to customers, the State Bank of Pakistan (SBP) has announced the establishment of digital banks. Digital retail banking, according to officials, would be a game-changer for small businesses.
E Tijarat Portal Benefits
The inauguration of this e-commerce web page is unquestionably good news for Pakistan’s IT sector. Although its official website is still under construction, sources from national and international newspapers show they intend this online portal to promote the country’s economy by promoting “Made in Pakistan” products.
Furthermore, the National E-Tijarat Portal is said to educate Pakistani freelancers and provide them with skills that will help them grow and excel in the sector. In addition, the government plans to create an e-commerce accrediting agency that will certify freelancers.
Last but not least, the e-commerce web portal would strengthen Pakistan’s IT sector by giving information on online transfer facilities, logistics businesses, shipment, access to marketplaces, taxation, and logistical bookings to start-ups and freelancers.
It’s also worth noting that the freelance industry in Pakistan produced $216.788 million in sales in the fiscal year 2021-22, representing a massive growth of over 16.74 percent over the previous year’s earnings.
If you’re interested in learning more about the National E-Tijarat Portal, monitor this blog for updates. In the meantime, look at our guides on Pakistan’s special technology zones and Cloud First Policy.
Wrapping Up
Prime Minister Imran Khan has launched E-Tijarat, Pakistan’s most important e-commerce website. The goal is to increase trading and assist the government in bringing transparency to the IT industry. It also helps to enhance the country’s economy by promoting Pakistani firms. That is the government’s principal focus.
He presented the country’s first zero-tax approach for registered freelancers at the E-Commerce Pakistan Convention.
Online portals are platforms that allow businesses to conduct real-time conversations and agreements with customers and suppliers. This aids in the development of a more spontaneous and responsive system.
This was all about E-Tijarat portal Pakistan.
