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Home Business & Stock

NKATI appeals PM to defer EOBI audits for two years

MM News Staff by MM News Staff
October 19, 2020
Reading Time: 2 mins read
Faisal Moiz Khan requested the Federal Government and Governor SBP, Reza Baqir to take steps to control fluctuations in the dollar (NKATI)

Faisal Moiz Khan requested the Federal Government and Governor SBP, Reza Baqir to take steps to control fluctuations in the dollar (NKATI)

KARACHI: Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), has appealed to Prime Minister Imran Khan to defer the audits of Employees’ Old Age Benefits Institution (EOBI) for at least two years.

The request has been made in view of the severe economic crisis caused by the COVID-19. In an appeal to Prime Minister Imran Khan, NKATI president said that a large number of audit notices were being received the industrialists from EOBI and the industrialists were being harassed in the factories which should be taken immediate notice.

“Due to prolonged lockdown during COVID-19 pandemic, industries remained closed for several months and now production activities in the industries are gradually restoring”, he added. Despite the country’s severe economic crisis, the industrial community is struggling to survive and resume normal industrial activities.

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Faisal Moiz informed that the EOBI has started putting up barriers and harassing them by sending notices on notices. In such a situation, the industrialists should run their factories or respond to the notices.

NKATI president further added that if the government really wants to see the industries back stand on its feet, it should provide relief and take such steps which help in restoring the resumption of production activities in the industries.

Read more: Sheikh Rasheed claims Nawaz Sharif has decided to stay in London

Faisal Moiz appealed to Prime Minister Imran Khan to defer the audits of Employees’ Old Age Benefits Institution (EOBI) for at least two years in view of the negative impact of the corona epidemic on the country’s economy and instructions should be issued that the industrial community should not be harassed in any way so that they can continue the production process without delay and enable to make timely export orders possible so that the declining exports of the country can be increased again.

Tags: Faisal Moiz KhanMM groupmm newsmm tvNKATI
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