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 2 billion in taxes.
The Federal Board of Revenue (FBR) has frozen the bank accounts of Pakistan International Airlines (PIA) over non-payment of due taxes worth more than Rs 2 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 the 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 the government level for the restoration of the accounts.
The spokesperson clarified that the bank account closure will not affect the PIA’s flight operations.