KARACHI Aug 31 (Online): Federal Board of Revenue has frozen 13 bank accounts of Pakistan International Airline (PIA) in Thursday.
\nAccording to a media report, FIBR officials said that action was taken on non-payment of federal excise duty of Rs.8 billion.<\/p>\n
The bank account linked to Ayata will also be frozen.
\nOfficials further said that it has been decided to register a case against the PIA officials for not submitting the (Federal Excise Duty) FED. The dues were not submitted, even though the accounts were opened last month.<\/p>\n
It should be remembered that last month also FBR had frozen the accounts of PIA, FBR had taken action on non-payment of dues.<\/p>\n
Similarly, last year also 53 accounts of PIA were frozen for non-payment of dues. While this month, the previous government of PDM decided to privatize PIA and Roosevelt Hotel, the Cabinet Committee on Privatization approved appointment of a financial advisor for the privatization of Roosevelt Hotel in the meeting.<\/p>\n
Pakistan International Airlines Corporation Limited was also approved to be included in the privatization list on the recommendation of the Privatization Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI Aug 31 (Online): Federal Board of Revenue has frozen 13 bank accounts of Pakistan International Airline (PIA) in Thursday. According to a media report, FIBR officials said that action was taken on non-payment of federal excise duty of Rs.8 billion. The bank account linked […]<\/p>\n
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