Islamabad panel seeks tax ideas as merchants quadruple
The Cashless Pakistan initiative will reset who counts as an active digital user or merchant after electronic merchants grew fourfold last year.
Bilal Azhar Kayani chaired a Tuesday meeting at the Finance Division on the Cashless Pakistan initiative.
The committee will review and set definitions of active app users, active merchants and unique digital payment users.
Private-sector members were asked to draft tax policy recommendations for review.
Merchants accepting electronic payments grew fourfold in the last fiscal year.
NADRA has digitised 99 percent of payments at its service centres, and digital payment acceptance is about 75 percent across centralised and self-accounting entities.