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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
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 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]
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 ...
"This debt restructuring plan is essential for Sri Lanka to meet the target set by the IMF agreement to reduce debt from the current 128% of GDP to 95% of GDP by 2023," State Minister of Finance ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
In September 2021 the government declared an economic emergency, as the situation was further aggravated by falling national currency exchange rate, inflation rising as a result of high food prices, and pandemic restrictions in tourism which further decreased country's income. [289] In November 2021, Sri Lanka abandoned its plan to become the ...
The "LIC's Bima Sakhi Yojana" [27] scheme is a significant program introduced by the Life Insurance Corporation of India (LIC) under the guidance of the Government of India [28]. The scheme was officially inaugurated by Prime Minister Narendra Modi [29] [30] [31] on December 9, 2024, in Panipat, Haryana. The program aims to empower women by ...
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