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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 concept of registration of persons and issuing identity cards was the subject of an agreement made between India and Sri Lanka in 1954, The draft bill submitted to the Sri Lankan parliament in 1962 was passed as the Act of Registration of Persons No. 32 of 1968. With the aim of activating the provisions of this Act, the Department of ...
Sri Lanka Freedom Party [18] D. S. Goonesekera: Sri Lanka Freedom Party: 28 May 1963: 25 March 1965: Minister of Labour and Social Services [18] M. H. Mohamed: United National Party: 25 March 1965: 29 May 1970: Dudley Senanayake: Minister of Labour, Employment and Housing [19] [20] M. P. de Zoysa: Sri Lanka Freedom Party: 29 May 1970: 23 July ...
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 ...
Sri Lankan nationality law details the conditions in which a person is a national of Sri Lanka. The primary law governing nationality regulations is the Ceylon Citizenship Act, which came into force on 15 November 1948. Any person born in Sri Lanka to a Sri Lankan parent is automatically a citizen by descent.
Rajapaksa's term was disputed by Wickremesinghe and Sri Lanka had two concurrent prime ministerial claimants. After failing to conduct a majority support vote in the house, Rajapaksa's duties were suspended by the Supreme Court of Sri Lanka. [25] Subsequently resigned from office to pave way for Wickremesinghe. [26] (10) Ranil Wickremesinghe
The National Identity Card(abbreviation: NIC) is the identity document in use in Sri Lanka. It is compulsory for all Sri Lankan citizens who are fifteen years of age and older to have their NICs. NICs are issued by the Department for Registration of Persons. The Registration of Persons Act No. 32 of 1968 as amended by Act Nos 28 and 37 of 1971 ...