Huawei delegation pitches tax digitalization plans to Pakistan's Finance Minister

News Image

MG News | May 24, 2024 at 11:35 AM GMT+05:00

0:00

May 24, 2024 (MLN): A delegation from Huawei proposed areas of cooperation in tax digitalization, e-invoicing, revenue automation, and IT applications to the country's Finance Minister, Muhammad Aurangzeb, during a meeting on Thursday.

Huawei Pakistan's Chief Executive Officer, Sun Xiaofei, along with his senior management team, comprised the delegation.

Sun Xiaofei briefed the Finance Minister on the various digital and ICT initiatives of Huawei.

He highlighted Huawei's significant contribution to the ICT industry in Pakistan over the past 25 years and emphasized the country's potential to become an IT hub.

The delegation also informed about Huawei's Pakistan Global Service Centre (GSC) that provides services to the Huawei's Middle East, Central Asia, and Africa partners.

The Federal Minister Senator Muhammad Aurangzeb appreciated the proposals put forward by Huawei.

He informed the delegation about the Federal Board of Revenue's (FBR) progress in digitizing the tax system, emphasizing the potential for quick wins through utilization of available data.

He appreciated Huawei’s interest in collaborating with Government to promote digital economy in Pakistan.

The CEO of Huawei invited the Finance Minister to visit Huawei's Shenzhen headquarters to participate in in discussions with Huawei's executive leaders on finance and digital economy cooperation.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 152,740.38
147.44M
-1.01%
-1551.88
ALLSHR 91,858.47
324.25M
-0.86%
-800.10
KSE30 46,223.61
86.89M
-1.45%
-681.25
KMI30 219,130.92
66.08M
-1.15%
-2553.50
KMIALLSHR 59,625.28
139.61M
-0.93%
-562.17
BKTi 42,104.46
39.09M
-2.02%
-866.56
OGTi 32,077.87
10.13M
-1.27%
-414.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,635.00 71,140.00
70,265.00
-100.00
-0.14%
BRENT CRUDE 103.82 103.94
100.51
3.88
3.88%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.50
-10.37%
ROTTERDAM COAL MONTHLY 123.30 123.30
123.30
1.70
1.40%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 91.71 91.90
88.50
3.58
4.06%
SUGAR #11 WORLD 15.52 15.75
15.38
-0.18
-1.15%

Chart of the Day


Latest News
March 24, 2026 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


March 23, 2026 at 05:01 PM GMT+05:00

Middle East conflict triggers global policy shift


March 23, 2026 at 04:43 PM GMT+05:00

Iran tensions ease on Trump's latest social media post


March 23, 2026 at 01:34 PM GMT+05:00

Govt increases high-octane levy, drives shift to PHEVs


March 22, 2026 at 02:19 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg