Talks between traders and FBR fail again.

• Position: Federal Board of Revenue

The talks between the Federal Board of Revenue (FBR) and traders have collapsed after the traders once again refused to become part of the formal economy, which may jeopardise the government's plans to document the economy.

The latest round of talks was held on Thursday under the supervision of a senior official of the National Defense University, according to the sources in the FBR and traders union.

During the talks, a scuffle broke between the two groups of the traders, which further complicated the matter. All this happened in the presence of the representative, according to the sources.

The traders threatened to use their street power if the government did not show flexibility, which according to them had brought even the then military dictator General (R) Pervaiz Musharraf to his knees. General Musharraf had started a country-wide registration campaign in early 2000 but had to retreat after shutter down strike.

Through budget 2019-20...