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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 Employees' Trust Fund ( ETF) is a social security programme established on 1 March 1981 under the Act No.46 of 1980 by the Parliament of the Sri Lanka. [1]
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 ...
Government of Sri Lanka: Headquarters: The Secretariat, Lotus road, Colombo 1 ... Inland Revenue Department; Insurance Board of Sri Lanka; Kandurata Development Bank;
Sri Lanka Freedom Party: 19 August 1994: 12 November 1994: D. B. Wijetunga: Alavi Moulana: Sri Lanka Freedom Party: 19 October 2000: 10 April 2004: Chandrika Kumaratunga: Minister of Labour: Athauda Seneviratne: Sri Lanka Freedom Party: 14 September 2001: 10 April 2004: Minister of Labour, Youth Affairs and Mineral Resources Development: 10 ...
The Ministry of Social Empowerment, Welfare and Kandyan Heritage is the central government ministry of Sri Lanka responsible for social services, social welfare and Kandyan heritage. The ministry is responsible for formulating and implementing national policy on social empowerment and welfare and other subjects which come under its purview. [ 1]
The Central Bank of Sri Lanka ( abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
Here’s some food for thought: How you eat is linked to better brain function. New research finds that people who eat healthily throughout their lives are mentally sharper than their peers ...