
FBR Quietly Gave PIA Rs8.7 Billion in Tax Relief
Federal Board of Revenue has exempted PIACL from the payment of tax of Rs. 8.765 billion – in respect of default surcharge and penalty on PIACL’s present tax liability with the purpose of removing the biggest financial hurdle that stands before the privatization of the state airline. Official notification regarding the PIA privatization tax exemption ... Read more
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