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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 EPF offers a joint action plan ...
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 ...
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Website. www.pickme.lk /food. PickMe Food is Sri Lankan online food delivery platform launched by PickMe in 2018. [1] PickMe Food also provides on-demand grocery, essential medicines and package delivery service called PickMe Flash. [2] PickMe Food rivals international Uber Eats and would make the industry a duopoly. [citation needed]
Under VK's leadership, the NUW grew to become one of the leading trade unions in Sri Lanka, boasting nearly 500,000 members. It played a key role in the labour movement within the tea plantations. VK notably identified the distinction between the Employment Provident Fund (EPF) and service gratuity and successfully brought this issue before the ...
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India. Employees Provident Fund (Malaysia) Employees Provident Fund Nepal. Employees' Provident Fund (Sri Lanka)
Minister of Food and Cooperative Undertakings Felix Dias Bandaranaike: Sri Lanka Freedom Party: 1963-1965 Minister of Agriculture, Food and Co-operative Development S. K. K. Suriarachchi: Sri Lanka Freedom Party: 1970-1977 Minister of Food, Co-operatives and Small Industries Wijeyananda Dahanayake: United National Party: 1986-1988 Minister of ...
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