Introduce joint verification of books of accounts
Reform ID		I287
Description		Separate verification of books of accounts and employee records by both EOBI and IESSI creates duplication of regulatory processes, resulting in additional compliance costs and time burden for businesses. The absence of a joint verification mechanism leads to repeated inspections, operational inefficiencies, and unnecessary administrative burden on employers. International best practices, including the United States and Canada, demonstrate the effectiveness of collaborative and third-party supported verification models to streamline compliance and reduce duplication.
Department		Employees Old-Age Benefits Institution - EOBI;ICT Employees Social Security Institution (IESSI)
Jurisdiction / Location		Islamabad Capital Territory
Sector		All Sectors
Start Date		18-08-2025
Target Deadline		18-10-2025
Date Enacted
Implementation Status		In Progress
Progress		0%
CCORR Direction		Simplify & Digitize
Cost Savings PKR (Mil.)
Evidence