*ISLAMABAD: Global online payment firms like PayPal or Alipay will have tobe brought to Pakistan in order to properly calculate earnings fromsoftware and other IT-related exports, said Abdul Razak Dawood, Adviser tothe Prime Minister on Commerce, on Tuesday.*
Speaking at a press conference, he said the taxman is unable to calculateexport earnings of software in a proper manner in the absence of digitalpayment platforms.
The adviser said the federal cabinet has approved an e-commerce policywhich will prove to be a milestone in boosting the national economy.
He said the government fell $200 million short of its $5.7 billion exporttarget in the first quarter of the ongoing fiscal year.
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He said the government is committed to increasing the country’s exports byremoving all the obstacles in the way of trade. Significant measures havebeen taken in this regard, he added.
Dawood renewed the government’s commitment to continue all-out efforts forpromoting exports, he added.
