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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 as PDF; Printable version; In other projects Wikidata item; ... Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund ...
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
The Ministry of Finance, Economic Stabilization and National Policies [2] (Sinhala: මුදල්, ආර්ථික ස්ථායිකරණ සහ ...
Following the conclusion of her cancer treatment in the fall, Kate began a slow return to royal duties. In December, she was photographed at an event for the state visit of the Emir of Qatar.
Full schedule through Jan. 9: Here are the events and ceremonies leading up to Jimmy Carter's funeral Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X ...
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 Supreme Court, winning a landmark case in favour of the workers. After VK's era, the NUW experienced a decline in membership.