FBR freezes PIA accounts over unpaid taxes

The Federal Board of Revenue (FBR) has frozen the accounts of Pakistan International Airlines (PIA) for failing to pay more than Rs 8 billion in taxes.

The Federal Board of Revenue (FBR) has suspended Pakistan International Airlines (PIA) bank accounts for nonpayment of about Rs 8 billion in taxes. The national carrier's bank accounts have been stopped in total.

According to the FBR, the PIA committed to pay Rs2 billion in Federal Excise Duty dues in August but failed to do so.

The PIA spokeswoman stated that the closure of bank accounts will have no impact on Pakistan International Airlines flight operations.

Earlier in July, Pakistan State Oil (PSO) refused to supply gasoline for three PIA planes, disrupting scheduled flights such as PK-309 Islamabad-Karachi, PK-330 Karachi-Multan, and PK-739 Multan-Jeddah.