A representational image showing the FBR logo. — FBR website/FileFBR high-ups hopeful of crossing Rs900bn mark for Nov.Tax authority’s Nov net collection hovers at Rs0.892tr.Achieving annual target of Rs14,130bn seems impossible.ISLAMABAD: The Federal Bureau of Revenue is…
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Pakistan revises barter trade mechanism with Iran, Russia, and Afghanistan

Barter transaction period extended from 90 to 120 days.Private firms permitted to form trade consortia.ECC approved amendments to the mechanism earlier this month.
Pakistan has implemented a revised business-to-business Barter Trade Mechanism with Iran, Russia, and Afghanistan…
Fitch affirms Pakistan’s rating at ‘B-‘ with ‘stable outlook’

The offices of Fitch Ratings building in London, Britain, May 27, 2020. — ReutersFitch Ratings affirms Pakistan at B- with stable outlook.Fitch says Pakistan shows progress on fiscal consolidation path.Energy price shocks remain key risk to Pakistan’s outlook: Fitch.<p…
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FBR slaps 40% regulatory duty on import of used cars

New cars are displayed for sale at a Chevrolet dealership in National City, California, US, June 30, 2017. — Reuters/FileDuty imposed on commercial import of old and used vehicles.Duty to remain applicable until June 30, 2026, reads notification.ECC approved Ministry of Commerce…




