PIA is expected to receive Rs 7.5 billion from banks
PIA has made significant progress with other entities. PIA will receive loans...
FBR freezes PIA accounts across country
KARACHI: The Federal Board of Revenue (FBR) has frozen the accounts of Pakistan International Airlines (PIA) across the country.
PIA has to pay a total of 4.5 billion. PIA has not even filed returns since February. PIA accounts have been frozen across the country by the FBR.
FBR said 2.7 billion to be paid immediately on the order of the tribunal and accounts have been frozen for non-payment.
Sources said that PSO has also threatened to stop fueling PIA’s planes, and PSO has demanded an immediate payment of Rs 1.5 billion from PIA.
PIA sources said that such actions of FBR, and PSO during the audit of the International Aviation Safety Assessment(IASA) are unfortunate, the ban on PIA in Europe may be lifted after the IASA audit.
Earlier, Pakistan International Airlines (PIA) will be soon receiving a payment of Rupees 550 million to address the issue of fuel crisis at the earliest.
Under the careful watch of Caretaker Prime Minister Anwarul Haq Kakar, a solution to the PIA oil crisis issue is now within reach.
The work has commenced on the file that will allocate 550 million rupees to PIA.
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