Federal Board of Revenue Grants Exemption to Pakistan International Airlines on Surcharges to Facilitate Privatization Divestment
The FBR has waived default surcharges and penalties for Pakistan International Airlines to ensure the smooth completion of its private sector handover.
Federal Government Transfers 11 High Value PIA Properties to Acquiring Consortium
The Privatisation Commission informs the Senate that eleven domestic and international assets valued at 14.2 billion rupees have been transferred to the new PIA management.
FBR Demands Rs 2.2 Billion in Salary Tax Recovery From PIA
The FBR demands that Pakistan International Airlines immediately deposit over 2.217 billion rupees in withheld income tax deducted from employee salaries since mid-2025.
Pakistan Finalizes National Airline Privatization and Outlines Airport Outsourcing Timeline
The privatization of Pakistan International Airlines reaches its final stage with full transfer of ownership expected this month following comprehensive regulatory clearances.
National Assembly Committee Approves 15 Year Tax Exemption for PIA Privatization
The National Assembly Standing Committee on Finance approved a fifteen year tax exemption on aircraft imports to prevent the collapse of the PIA privatization process.
Aurangzeb Details Milestone Privatizations and Digital Citizen Schemes in Budget Address
Pakistan secures the strategic divestment of its national airline and First Women Bank alongside launching massive digital agriculture loans and housing finance initiatives.
Federal Government Grants PKR 8.77 Billion Tax Waiver to Support PIA Privatization
The Federal Board of Revenue waives PKR 8.77 billion in penalties and surcharges for Pakistan International Airlines to facilitate its post-privatization transition.
Arif Habib Consortium Bids for Final Government Stake in Pakistan International Airlines
A consortium led by Arif Habib has submitted a bid for the remaining 25 percent state share in PIA marking a move toward full private ownership of the national carrier.
Fauji Fertilizer Joins Consortium for Pakistan International Airlines Acquisition as CCoP Grants Approval
The Cabinet Committee on Privatization approves Fauji Fertilizer Company as a key stakeholder in the Arif Habib-led consortium acquiring a majority stake in PIA.
Privatisation Commission clears Fauji Fertiliser Company inclusion in Arif Habib-led consortium for full PIA takeover
Privatisation Commission board endorses Fauji Fertiliser Company’s inclusion in the Arif Habib-led consortium that bid Rs135 billion for 75 percent of PIA, paving the way for acquisition of the remaining 25 percent stake.