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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 ...
Nawaloka Hospitals and Durdans Hospital joined Doc990, a doctor appointment booking platform developed by a joint venture of Dialog Axiata and Asiri Hospital Holdings. [15] In 2022, Brand Finance estimated the brand value to be LKR2,450 million and ranked Asiri Health as the 42nd most valuable in the country. [16]
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 Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for ...
As families and friends prepare to gather for a celebratory Thanksgiving dinner, millions of food insecure Americans could use some extra acts of kindness and support this holiday season. More ...
Some cats are just complete velcro kitties — yes, we’re looking at you, Miss Siamese! These high-maintenance cat breeds can’t imagine being separated from their humans or missing out on any ...
Bank of Ceylon; Central Bank of Sri Lanka; Credit Information Bureau; Department of Excise; Development Lotteries Board; Employees’ Trust Fund Board; Housing Development Finance Corporation Bank