Pakistan Industrial and Traders Associations Front (PIAF) has asked for withdrawal of the Employees Old-Age Benefits Institution's notification for an increase in employers' and employees' share of contribution. The EOBI is creating harassment among the business people by pressurising industrial and business units for depositing the dues for last four years, Chairman PIAF Irfan Iqbal Sheikh stated this while talking to a businessmen delegation here on Wednesday.
The industrial units have been asked to deposit the outstanding dues from July 2013, as per the revised contribution, he said adding that it's the fault and negligence of the EOBI that issued notification with considerably delay. "How it is possible for the industrialists to pay the contributions for four years", he added.