FBR freezes PIA accounts over unpaid taxes

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 Rs 8 billion in taxes, ARY News reported on Thursday.

The Federal Board of Revenue (FBR) has frozen bank accounts of Pakistan International Airlines (PIA) over non-payment of due taxes worth more than Rs 8 billion. 26 bank accounts of the national carrier have been frozen.

The FBR said the PIA promised to pay Rs2 billion in dues under Federal Excise Duty in August, but it failed to keep its promise.

Read more: European aviation agency to visit Pakistan in September to inspect PIA

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

Earlier in July, Pakistan State Oil (PSO) also refused 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.

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