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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 ...
The Sri Lankan Ordinary Level (O-level) formerly called Senior School Certificate (SSC), is a General Certificate of Education (GCE) qualification in Sri Lanka, conducted by the Department of Examinations of the Ministry of Education. It is based on the Cambridge University Ordinary Level qualification.
Education in Sri Lanka has a long history that dates back two millennia. While the Constitution of Sri Lanka does not provide free education as a fundamental right, the constitution mentions that 'the complete eradication of illiteracy and the assurance to all persons of the right to universal and equal access to education at all levels" in its section on directive principles of state policy ...
The Ministry of Education [4] (Sinhala: අධ්යාපන අමාත්යාංශය; Tamil: கல்வி அமைச்சு) is a ministry of the Government of Sri Lanka that directs the formulation and implementation of policies related to primary, secondary, and tertiary education in Sri Lanka. Currently, Sri Lanka ...
Since 1991, students obtaining sufficient grades, are still eligible for a free education (on a competitive basis) in state or private universities, but the student can also pay for studying if grades are above minimal threshold, but not enough to be enrolled into the desired university for free. [35] In Sri Lanka, free education is provided by ...
The Joseph Vaz College of Wennappuwa is a public school in Wennappuwa, Sri Lanka.It was established in 1934 and consecrated in honour of St. Joseph Vaz.It opened with 28 children with Bro. Lewis as its first director.
In 1919 the school was renamed 'Newstead' after the first resident Minister of Negombo. In 1951, Newstead became an assisted school in terms of the Free Education Act of 1944. In 1962 the School was vested in the government, ending a period of 147 years during which the school was run by the Wesleyan Methodist Missionary Society. Past Principals: