pakistan
NA body divided over tax exemption proposal for PIA
Key takeaways
- Add ARY News on Google AAResize Members of a National Assembly parliamentary committee have expressed strong reservations over a proposed tax exemption for Pakistan International Airlines (PIA).
- The proposal under consideration relates to tax relief on the import of new aircraft and spare parts for PIA.
- Lawmakers recalled that under the privatisation agreement, tax exemptions on new aircraft and spare parts were included.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Members of a National Assembly parliamentary committee have expressed strong reservations over a proposed tax exemption for Pakistan International Airlines (PIA).
The proposal under consideration relates to tax relief on the import of new aircraft and spare parts for PIA. The matter sparked debate during a NA committee meeting, where members questioned the fairness and scope of the exemption.
Lawmakers recalled that under the privatisation agreement, tax exemptions on new aircraft and spare parts were included. However, concerns were raised about whether such concessions would distort competition in the aviation sector.
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