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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 ...
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 ...
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).
Supreme Channel (Sinhala: සුප්රීම් නාලිකාව) is a television channel currently broadcasting in Sri Lanka in the Sinhala language. [1] It is owned by Supreme Global Holdings and it consists of the DVB-T2 pictures and stereo sounds.
Hiru TV (Sinhala: හිරු ටීවී) is the most watched television channel in Sri Lanka, founded by Rayynor Silva (Chairman) and owned by Asia Broadcasting Corporation. [3] Hiru TV is Sri Lanka's first and only digital television channel which has the DVB-T2 pictures and stereo sounds. [4] [5] [3] It currently holds all island coverage ...
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Employees Provident Fund or Employees' Provident Fund refer to: ... Employees' Provident Fund (Sri Lanka) This page was last edited on ...