Local buyers of PIA seek investment safeguards and tax exemptions amid privatisation D_Trends

Local buyers of PIA seek investment safeguards and tax exemptions amid privatisation D_Trends

ISLAMABAD: Local prospective buyers of Pakistan International Airlines (PIA) have called on the government to extend the same investment protections afforded to foreign investors under an Act of Parliament. In addition, they have sought complete exemption from taxes related to air travel, fuel, and aircraft leasing, according to sources within the Privatisation Commission. During the … Read more

PIA buyers seek investment protection D_Trends

PIA buyers seek investment protection D_Trends

ISLAMABAD: Local prospective buyers of Pakistan International Airlines (PIA) have demanded protection that is currently available to foreign investors under an Act of parliament and have also sought complete exemption from taxes applicable to air travel, fuel and the lease of aircraft. Privatisation Commission sources told The Express Tribune that some of the shortlisted parties … Read more