F.P. Report
ISLAMABAD: The Federal Bureau of Revenue (FBR) has decided to freeze 26 bank accounts of Pakistan International Airline (PIA) for non-payment of federal excise duty, on Thursday.
According to the FBR, the national carrier owed Rs8.84 billion federal excise duty and had promised to pay Rs2 billion this month, which could not be fulfilled yet.
The FBR blamed that PIA’s senior management had used the funds by opening separate accounts and failed to deposit the federal excise duty, collected from passengers in the national treasury.
The FBR said they had also moved a complaint in the Federal Investigation Agency (FIA) under anti-money laundering act against the PIA management for utilizing the FED funds.
Meanwhile, a PIA spokesman has clarified that the freezing of bank accounts will not affects its flights operation.
JERUSALEM (Reuters): Israeli war cabinet minister Benny Gantz demanded on Saturday that Prime Minister Benjamin…
HANOI: Vietnam’s governing Communist Party has nominated the public security minister to be the next…
TORONTO (Reuters): Some Canadian provinces have logged a jump in unclaimed dead bodies in recent…
SAN FRANCISCO (AFP): A man who attacked the elderly husband of former US House Speaker…
F.P. Report ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday decided to send Deputy Prime Minister…
F.P. Report LAHORE: Pakistan Muslim League-Nawaz supremo Mian Nawaz Sharif reiterated his long held position…
This website uses cookies.