Employees Old-Age Benefits Institution (EOBI) keeps on issuing notices to the member units of Towel Association on the pretext of verification of books of accounts. Its is currently issuing instructions for inspection of all kinds of accounts records for the period July, 2010 till date, which is causing unnecessary harassment to the association.
All accounts of the organisation are completed after September 30 each year on the completion of financial year for the period 1st July to 30th June, whereas the institution is demanding interim period, but it is not possible for a unit to furnish their non-audited accounts before September 30.
EoBI is under control of the federal government for the time being and its shifting to provincial governments is on the cards so in case of any benefit from the units, it would go to federal government while provincial government of Sindh could not be benefited. In view of the prevailing situation, we request the government to stop EoBI from issuing unnecessary notices to towel manufacturers, causing fruitless harassment to them.-PR