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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 Lanka Bureau of Foreign Employment (SLBFE) is a government agency of Sri Lanka, tasked with overseeing overseas employment of Sri Lankan Citizens and their welfare. It was established in 1985, under the provisions of the Sri Lanka Bureau of Foreign Employment Act. No. 21 of 1985 from which it derives its remit and powers.
Hardship withdrawals must stay within the limits of the actual financial hardship, however that’s defined by the plan. For example, a 401(k) hardship withdrawal is limited to the immediate ...
The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
The concept of registration of persons and issuing identity cards was the subject of an agreement made between India and Sri Lanka in 1954, The draft bill submitted to the Sri Lankan parliament in 1962 was passed as the Act of Registration of Persons No. 32 of 1968. With the aim of activating the provisions of this Act, the Department of ...
Sri Lanka Freedom Party: 10 April 2004: Minister of Public Administration and Home Affairs [32] [33] [34] Sarath Amunugama: Sri Lanka Freedom Party: 23 November 2005: Mahinda Rajapaksa [35] Karu Jayasuriya: United National Party: 28 January 2007: 9 December 2008 [36] [37] [38] Sarath Amunugama: Sri Lanka Freedom Party: 1 January 2009 [39] [40 ...
Apr. 5—OSKALOOSA — After a lengthy discussion during Monday's meeting, the Mahaska County Board of Supervisors voted to fund the 911 Board for the remainder of the fiscal year.
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