{"id":96617,"date":"2024-03-07T15:10:45","date_gmt":"2024-03-07T10:10:45","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96617"},"modified":"2024-03-07T15:10:47","modified_gmt":"2024-03-07T10:10:47","slug":"pm-nods-favour-pia-privatisation","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html","title":{"rendered":"PM Sharif endorses privatisation of PIA, FBR restructuring"},"content":{"rendered":"\n<p>Islamabad: Pakistan Prime Minister (PM) Shehbaz Sharif has approved the privatisation of Pakistan International Airlines (PIA) by June 15, along with endorsing the Federal Board of Revenue (FBR) restructuring plan, as claimed in a news article on March 7.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-pushes-forward-amendments.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR\u2019s new amendment targets steel, tiles sectors in ISB<\/a><\/p>\n\n\n\n<p>According to the details, the plan aims to divide PIA into two entities and relocate its substantial debt into a new holding company, contingent upon obtaining no-objection certificates (NOCs) from creditors. PM Sharif also backed restructuring the FBR into two bodies: The Federal Customs Board and the Federal Inland Revenue (IR) Board.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-repays-exporters-ensuring-transparency.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR clears PKR 65bn in export refunds<\/a><\/p>\n\n\n\n<p>The restructuring plan, initiated by Dr Shamshad Akhtar, involves broad-scope amendments to tax statutes and aims to increase the tax-to-GDP ratio. However, PM Sharif expressed dissatisfaction with involving the National Database Registration Authority (NADRA) in the FBR&#8217;s digitisation efforts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan Prime Minister (PM) Shehbaz Sharif has approved the privatisation of Pakistan International Airlines (PIA) by June 15, along with endorsing the Federal Board of Revenue (FBR) restructuring plan, as claimed in a news article on March 7. Read: FBR\u2019s new amendment targets steel, tiles sectors in ISB According to the details, the plan aims to divide PIA into two entities and relocate its substantial debt into a new holding company, contingent upon obtaining no-objection certificates (NOCs) from creditors. PM Sharif also backed restructuring the FBR into two bodies: The Federal Customs Board and the Federal Inland Revenue (IR) Board. Read: FBR clears PKR 65bn in export refunds The restructuring plan, initiated by Dr Shamshad Akhtar, involves broad-scope amendments to tax statutes and aims to increase the tax-to-GDP ratio. However, PM Sharif expressed dissatisfaction with involving the National Database Registration Authority (NADRA) in the FBR&#8217;s digitisation efforts.<\/p>\n","protected":false},"author":88,"featured_media":88795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54453,19230,24718],"persona":[],"class_list":{"0":"post-96617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-fbr-news-and-updates","9":"tag-federal-board-of-revenue-fbr","10":"tag-pakistan-international-airlines-pia","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM Nods in Favour of PIA Privatisation - Zameen News<\/title>\n<meta name=\"description\" content=\"Pakistan PM Shehbaz Sharif approves PIA privatisation by June 15 and endorses Federal Board of Revenue (FBR) restructuring plan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM Nods in Favour of PIA Privatisation - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Pakistan PM Shehbaz Sharif approves PIA privatisation by June 15 and endorses Federal Board of Revenue (FBR) restructuring plan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-07T10:10:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-07T10:10:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PM Nods in Favour of PIA Privatisation - Zameen News","description":"Pakistan PM Shehbaz Sharif approves PIA privatisation by June 15 and endorses Federal Board of Revenue (FBR) restructuring plan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html","og_locale":"en_US","og_type":"article","og_title":"PM Nods in Favour of PIA Privatisation - Zameen News","og_description":"Pakistan PM Shehbaz Sharif approves PIA privatisation by June 15 and endorses Federal Board of Revenue (FBR) restructuring plan.","og_url":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-03-07T10:10:45+00:00","article_modified_time":"2024-03-07T10:10:47+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg","type":"image\/jpeg"}],"author":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6"},"headline":"PM Sharif endorses privatisation of PIA, FBR restructuring","datePublished":"2024-03-07T10:10:45+00:00","dateModified":"2024-03-07T10:10:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html"},"wordCount":156,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg","keywords":["FBR news and updates","Federal Board of Revenue (FBR)","Pakistan International Airlines (PIA)"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html","url":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html","name":"PM Nods in Favour of PIA Privatisation - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg","datePublished":"2024-03-07T10:10:45+00:00","dateModified":"2024-03-07T10:10:47+00:00","description":"Pakistan PM Shehbaz Sharif approves PIA privatisation by June 15 and endorses Federal Board of Revenue (FBR) restructuring plan.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/09\/PM-Shehbaz-Sharif_News-Cover.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/pm-nods-favour-pia-privatisation.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"PM Sharif endorses privatisation of PIA, FBR restructuring"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=96617"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96617\/revisions"}],"predecessor-version":[{"id":96618,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96617\/revisions\/96618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/88795"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=96617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=96617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=96617"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=96617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}