FBR freezes PIA’s bank accounts over unpaid taxes

Published
0

RAWALPINDI: The Federal Board of Revenue has frozen Pakistan Inter­national Airlines’ bank accounts over non-payment of taxes, a PIA spokesman said on Wednesday.

The airline’s management was in contact with the FBR, the spokesman, Abdullah Hafeez Khan, said and hoped that the accounts would be unblocked soon.

He insisted that flight operations and other activities of PIA were continuing as usual despite the blocking of its accounts.

According to sources, PIA owed about Rs2.8 billion to the FBR in taxes. However, the airline claims its dues amount to around Rs1.3bn.

PIA officers reject restructuring

Meanwhile, the PIA officers’ association has rejected the proposed restructuring of the airline and demanded an immediate increase in the salary of all employees.

In a meeting headed by its president Aqeel Siddiqui on Wednesday, the association reviewed the decisions of the PIA’s board of directors and rejected the proposed restructuring of the organisation, it said in a statement.

Safdar Anjum, general secretary of the association, said the meeting had rejected the proposed splitting of the airline into two parts.

The meeting also demanded an urgent increase in PIA employees’ salaries and formed a committee, headed by Mr Anjum, to contact all stakeholders to prepare a future action plan, it said.

The government has formed a committee headed by Finance Minister Ishaq Dar to present a workable solution to restructure the airline.

The committee also comprised Aviation Minister Khawaja Saad Rafique, Planning Minister Ahsan Iqbal, Commerce Minister Naveed Qamar, Special Assistant to the Prime Minister on Government Effectiveness Jahanzeb Khan and the aviation secretary.

Published in Dawn, July 27th, 2023

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...