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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 List of newspapers in Sri Lanka lists every daily and non-daily news publication currently operating in Sri Lanka. The list includes information on whether it is distributed daily or non-daily, and who publishes it. For those newspapers that are also published online, the website is given.
NewsFirst or News 1st is a Sri Lankan news organization owned by the Capital Maharaja Organization Ltd. [1] News 1st primarily broadcasts news, live on three TV channels (Sirasa TV, Shakthi TV, TV 1, five radio channels (Sirasa FM, Yes FM, Shakthi FM, Y FM and Legends FM), three websites in Sinhala, English & Tamil languages, and social media platforms (YouTube, Facebook, Twitter).
Thinakaran is a daily Tamil newspaper in Sri Lanka. It is published by Associated Newspapers of Ceylon Limited. Its sister newspaper are Sunday Observer, Silumina, Dinamina and Daily News. The daily newspaper has a circulation of 50,000 and its Sunday version, Thinakaran Varamanjari, 70,000 per issue. [1] [2]
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Virakesari is one of the leading Tamil daily newspapers in Sri Lanka. It is the oldest and the largest circulated Tamil Newspaper in Sri Lanka. Virakesari is owned by Express Newspapers (Ceylon) (Private) Limited, a leading print and web media organization in Sri Lanka.
In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024.