Skip to main content

FBR freezes PIA accounts

PIA accounts, FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has frozen the accounts of the national flag carrier Pakistan International Airlines (PIA) over non-payment of more than Rs2 billion in taxes, ARY News reported on Wednesday.

The Federal Board of Revenue (FBR) has frozen bank accounts of the Pakistan International Airlines (PIA) over non-payment of due taxes worth more than Rs2 billion. 53 bank accounts of the national carrier had been frozen by the revenue board over the same issue last year.

The bank accounts had been restored after assurance of the PIA administration for early clearance of the taxes.

Additionally, Pakistan State Oil (PSO) has also rejected to provide fuel for three PIA aircraft which disrupted the scheduled flights including PK-309 Islamabad-Karachi, PK-330 Karachi-Multan and PK-739 Multan-Jeddah.

The PIA spokesperson confirmed the development and said that FBR is being contacted on government level for the restoration of the accounts.

The spokesperson clarified that the bank accounts closure will not affect the PIA’s flight operations.

READ: European aviation agency to visit Pakistan in September to inspect PIA

Earlier, the board of directors of the national flag carrier Pakistan International Airlines (PIA) has not taken a decision regarding the pay raise of the employees due to financial hardships.

Yesterday, the PIA board of directors failed to make a decision regarding the pay raise of the employees citing financial hardships. The PIA board approved the reorganisation of the national airline after receiving a briefing.

The officials briefed the PIA board of directors that a holding company should be established to make the properties and losses part of it. Later, the board ordered the prepare a comprehensive plan for the reorganisation of the national entity.

Sources told ARY News that the board members expressed satisfaction over the steps for the restoration of direct flight operations to Europe, the United Kingdom (UK) and the United States (US).

The board was briefed that the European Union Aviation Safety Agency (EASA) team will arrive in Pakistan for a physical audit in September. The officials said that they completed preparations ahead of the EASA team’s visit to Pakistan.



from Latest Pakistan News and Breaking News from All over Pakistan https://ift.tt/zUClPGt

Comments

Popular posts from this blog

Elevate Your Style with a Men's Leather Jacket with Fur Collar

When it comes to timeless fashion, the allure of an original leather jacket is undeniable. These iconic pieces have transcended generations, exuding rugged sophistication and individuality. However, if you're seeking to take your style to the next level, consider a distinctive choice: the Men's leather jacket with fur collar . The Appeal of Original Leather Jackets Original leather jackets have long been celebrated for their durability, versatility, and timeless appeal. These jackets are something beyond clothing; they are an assertion of style, an encapsulation of disobedience, and an image of exemplary cool. Whether you're riding a motorcycle, strolling through the city, or attending a casual gathering, an original leather jacket elevates your look. The Allure of a Fur Collar What sets the Men's leather jacket with fur collar apart is its exquisite detailing.The option of a fur collar not just gives an additional layer of warmth during colder months yet in addition ...

Imran Khan undergoes medical examination at Shaukat Khanum Hospital

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan visited Shaukat Khanum Hospital in Lahore on Saturday for a medical check-up, ARY News reported. The former premier was sifted to Shaukat Khanum Hospital after he experienced stomach pain The medical professionals initiated a comprehensive examination to determine the underlying cause of his abdominal discomfort. A team of doctors attended him at the medical facility and carried out various tests to determine the cause of his abdominal discomfort. Imran Khan remained at the Shaukat Khanum Hospital for four hours before returning to his residence in Zaman Park. Talking to media a day earlier, the PTI chief emphasised that anyone involved in the mayhem at Corps Commander House should be identified, and his party is willing to help apprehend them “Now, they are claiming that they are hunting down wanted people and not terrorists,” Khan told journalists at his residence after meeting a government de...

4.6 magnitude earthquake jolts Kalat, surrounding areas

KALAT: An earthquake measuring 4.6 magnitude on the Richter scale hit Kalat district of Balochistan and its adjoining areas on Sunday, ARY News reported. The National Seismic Monitoring Centre (NSMC) confirmed that tremors were felt in Kalat and its surrounding areas on Sunday night. Felling the tremors, people came out of their houses while reciting Kalma-e-Tayyaba. The depth of the earthquake was 19 kilometres and its epicentre was 45 away from Kalat southern part. No casualty was reported so far. Earlier on October 12, an earthquake of 3.9-magnitude on the Richter scale hit Khuzdar and adjoining areas. The depth of the earthquake was 20 kilometres and its epicentre was some 80km away from Khuzdar in the west. from Latest Pakistan News Breaking News from All over Pakistan - ARY News https://ift.tt/xJF3MNk