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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 ...
Sri Lanka Industrial Development Co. Ltd; Sri Lanka Institute of Co-operative Management; Sri Lanka Insurance Corporation Ltd; Sri Lanka Institute of Development Administration; Sri Lanka Insurance & Robinson Hotel Company Ltd; Sri Lanka-Libya Agricultural & Livestock Development Co. Ltd; Sri Lanka State Trading Corporation; Sri Lanka Sugar Co. Ltd
Robotic process automation (RPA) is a form of business process automation that is based on software robots (bots) or artificial intelligence (AI) agents. [1] RPA should not be confused with artificial intelligence as it is based on automation technology following a predefined workflow. [ 2 ]
Private provident funds existed in the private sector, with some companies contributing on a voluntary basis until 1958, when the Employees' Provident Fund was established by S. W. R. D. Bandaranaike following the enactment of the Employees' Provident Fund Act No 15 of 1958 which established the Employees' Provident Fund which made it compulsory for all employers and employees to contribute if ...
Sri Lanka Podujana Peramuna: 9 November 2018: 15 December 2018: Minister of Labour, Foreign Employment and Petroleum Resources Development Daya Gamage: United National Party: 20 December 2018: 11 January 2019: Minister of Labour, Trade Union Relations and Social Empowerment Nimal Siripala de Silva: Sri Lanka Freedom Party: 12 August 2020: 11 ...
At present, NDC offers a number of foundation and certificate programmes online in Python, Database Management System, Mobile Application Development (Android), TESOL, Business Management, and Business English. The online platform also allows hybrid assessments exposing students at NIBM to a state-of-the-art learning system.
Environmental Foundation Limited (EFL) is a public interest litigation and environmental conservation organisation in Sri Lanka. Established in 1981, EFL seeks to protect and conserve the natural environment through litigation, advocacy, awareness and youth-engagement.