Tag: Fiscal Policy

Government Weighs NFC-Based Financial Framework to Improve Gilgit-Baltistan’s Fiscal Position and Stability

Regulatory NextWallet Desk -
Pakistan is considering an NFC-based financial framework for Gilgit-Baltistan, with an interim AJK-style arrangement proposed to address fiscal needs.

FBR Proposes Stricter Penalties for Digital Invoicing Non Compliance in Finance Bill 2026 Under IMF Reforms

Regulatory webdesk -
The Federal Board of Revenue will introduce tough penalties in Finance Bill 2026 for digital sales tax invoicing violations to meet IMF reform targets.

Legalized, But Untaxed: Pakistan’s Crypto BlindSpot

Editorial Insights webdesk -
Pakistan has legalized crypto but lacks a comprehensive taxation framework, creating a structural gap between regulation and fiscal capture. Effective crypto taxation requires clear definitions, exchange-based withholding, international reporting alignment, and blockchain analytics to secure revenue and assert economic sovereignty.