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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 ...
LankaPay has made rapid strides and mass transformation in facilitating robust, quick, and convenient ways of transferring funds through automated processes by initiating efficient payment systems in Sri Lanka through the launch of the Common Electronic Fund Transfer Switch, a real-time bank transfer procedure for payments to be processed ...
The Sri Lanka Bureau of Foreign Employment (SLBFE) is a government agency of Sri Lanka, tasked with overseeing overseas employment of Sri Lankan Citizens and their welfare. It was established in 1985, under the provisions of the Sri Lanka Bureau of Foreign Employment Act. No. 21 of 1985 from which it derives its remit and powers. [1]
Bull Run Festival of Lights in Centreville, VA. Get ready to light up your holidays with this 2.5-mile drive-through extravaganza! Take a ride bursting with festive scenes, glowing characters, and ...
From June 2010 to December 2012, if you bought shares in companies when Thomas J. Falk joined the board, and sold them when he left, you would have a 18.2 percent return on your investment, compared to a 32.4 percent return from the S&P 500.
DFCC Bank was set up in 1955 as Sri Lanka's a pioneer development finance institution on the recommendation of the World Bank and is one of the oldest development banks in Asia. In October 2015, DFCC Bank and its 99% owned subsidiary, DFCC Vardhana Bank amalgamated.
From January 2008 to December 2012, if you bought shares in companies when Sandra O. Moose joined the board, and sold them when she left, you would have a -1.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.