Federal board of revenue seizes PIA bank accounts yet again.
The Federal Board of Revenue (FBR) has seized the bank accounts of the Pakistan International Airlines (PIA) yet again for not paying its taxes amounting to Rs2.86 billion.
"The government dues amounting to Rs2,864 (M) are outstanding against M/S Pakistan International Airlines NTN: 0803450 for multiple tax periods," read a letter written by Deputy Commissioner Inland Revenue Unit-02 Sharjeel Ahmed to the bank's manager.
"Now therefore, in exercise of powers conferred under Section 14(3) read with Rule 60(1)(d) of...
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