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The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike , [ 3 ] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [ 4 ]
The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per centum (3%) of the total earnings including Wages, salary or fees, Cost of living allowance, special living allowance and other similar allowances, Payment in respect of holidays, The cost value of cooked or uncooked food provided by the employer to employees, Meal allowance and Any ...
Download QR code; Print/export ... Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident ... Employees' Provident Fund (Sri Lanka)
Sri Lanka Freedom Party [18] D. S. Goonesekera: Sri Lanka Freedom Party: 28 May 1963: 25 March 1965: Minister of Labour and Social Services [18] M. H. Mohamed: United National Party: 25 March 1965: 29 May 1970: Dudley Senanayake: Minister of Labour, Employment and Housing [19] [20] M. P. de Zoysa: Sri Lanka Freedom Party: 29 May 1970: 23 July ...
Under VK's leadership, the NUW grew to become one of the leading trade unions in Sri Lanka, boasting nearly 500,000 members. It played a key role in the labour movement within the tea plantations. VK notably identified the distinction between the Employment Provident Fund (EPF) and service gratuity and successfully brought this issue before the ...
From January 2008 to December 2012, if you bought shares in companies when James E. Copeland, Jr. joined the board, and sold them when he left, you would have a -34.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
The Pentagon and the Director of National Intelligence have released the annual report on UFO sightings and while they still haven't found any extraterrestrial origin for the more than 700 new ...