The government has for the first time made the Employees Oldage Benefits Institution (EOBI) part of the textile policy and allowed its reimbursement to encourage women employment in textile industry and support the handicapped employees in textile units registered with the Ministry of Textile.
A notification was issued in this regard on October 1, 2009 which specifies that the reimbursements under this notification shall be allowed for contributions made till 30th June, 2014. The documents available to Business Recorder state that this order may be called the Reimbursement of EOBI Contribution, 2009, which extends to the whole of Pakistan.
It shall be applicable only to the extent of payments made by textile units towards EOBI contributions for women workers and the handicapped in their respective units. It shall come into force at once. The reimbursements under this Order shall be allowed for payments made from 1st October, 2009 onwards.
The reimbursement shall be available to all textile units registered with the Ministry of Textile Industry. The unit shall be a registered sole proprietor, partnership or a company and shall be a member of a textiles association registered with the Directorate of Trade Organisations, Ministry of Commerce.
The registered units shall furnish data and any information related to the unit's operations, employees, domestic sales, accounts and exports as and when required by the Ministry of Textile Industry. The units shall submit modified PE-01 and PR01 forms specified at Annexure I and II respectively to EOBI along with special identification number provided by the Ministry of Textiles Industry and EOBI registration number.
Textiles units claiming re-imbursement shall submit revised PR-02-A form specified at Annexure III to EOBI on monthly basis. EOBI shall forward instructions duly signed by notified persons to NBP, on quarterly basis to make payments, to compliant textiles units' equivalent to contribution made by them for female and handicapped employees in the preceding three months.
NBP will make payments to the beneficiaries on receipt of instructions from EOBI. The payments will be made from the same branches through which the EOBI contributions were made and through the mode and method as may be determined by the NBP. The receipt of reimbursement payments shall be properly reflected in the book of accounts and other relevant financial statements of the unit.
Random, on-the-spot checks and audits shall be carried out where deemed necessary by the EOBI or its representatives to verify the authenticity of information provided by the unit and reimbursement received under this Order. Any unit which is in contravention of the provisions of this Order, through acts of omission or commission, and files fraudulent or false claims shall be liable to penalties under EOBI Act of 1976.
The appellate authority where penalties have been imposed shall be the Secretary, Ministry of Textile Industry. The Federal Government reserves the right to make any changes, additions, deletions and modifications in the scheme under this Order which it may consider necessary or to discontinue the scheme under this Order at any time. Any interpretation or clarification required regarding the application of this Order shall be made by the Ministry of Textile Industry.
While commenting on this order, Federal Secretary for the Ministry of Textile Ministry and Industry Waqar Masood Khan told Business Recorder on Friday that for the first time EOBI has been made part of the Textile Industry under the new textile policy. He further said that the new policy encompasses indigenization, women employment support programme and support for disabled, and handicapped. Waqar said that there is no age limitation and a person with one year service could also benefit under EOBI.
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