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A minimum yearly deposit of ₹500 is required to open and maintain a PPF account. A PPF account holder can deposit a maximum of ₹1.5 lacs in his/her PPF account (including those where he is the guardian) per financial year. There must be a guardian for PPF accounts opened in the name of minor children. Parents can act as guardians in such ...
The Universal Account Number (UAN) is a 12-digit number allotted to employees who contribute to an EPF. A UAN is generated for each PF member by the EPFO. The UAN acts as an umbrella for the multiple Member IDs allotted to an individual by different establishments and remains the same throughout the lifetime of an employee.
The Accounting in Sri Lanka is regulated under the several legal regulations. There are several professional accountancy body in the country. The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) is the audit oversight entity, while the Auditor General of Sri Lanka has audit oversight over government all entities. [1]
The girl can operate her account after she reaches the age of 10. The account allows 50% withdrawal at the age of 18 for higher education purposes. The account reaches maturity after time period of 21 years from date of opening it. Deposits in the account can be made till the completion of 15 years, from the date of the opening of the account.
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
The article "E books rewrite the rules of education" states that, alternately to spending a lot of money on textbooks, you can purchase an e-textbook at a small amount of the cost. With the growth of digital applications for iPhone, and gadgets like the Amazon kindle, e-textbooks are not an innovation, but have been "gaining momentum". [ 33 ]
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.
Sri Lanka Freedom Party: 9 November 1962 – 10 May 1963 T. B. Ilangaratne: Sri Lanka Freedom Party: 29 May 1963 – 10 June 1964 N. M. Perera (1st term) Lanka Sama Samaja Party: 11 June 1964 – 17 December 1964 U. B. Wanninayake: United National Party: 27 March 1965 – 25 March 1970 Dudley Senanayake: N. M. Perera (2nd term) Lanka Sama ...