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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 by the employer and the employee to save money by ...
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]
On behalf of GOSL, the CBSL, as its agent, is responsible for four agency functions, viz. management of the Employees Provident Fund; management of the public debt of Sri Lanka; administration of the provisions of the Exchange Control Act; and administration of foreign and government-funded credit schemes for regional development. [3]
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 ...
In 2009 the Central Bank of Sri Lanka purchased the building, to address the needs of the bank's growing office. [1] The renovated building was officially opened on 1 June 2011 by Gotabaya Rajapaksa, Secretary to the Ministry of Defence and Urban Development, and Ajith Nivard Cabraal, Governor of the Central Bank .
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)
The Ministry of Labour and Foreign Employment[ 2] ( Sinhala: කම්කරු හා විදේශ රැකියා අමාත්යාංශය; Tamil: தொழில் மற்றும் வெளிநாட்டு வேலைவாய்ப்பு அமைச்சு) is the central government ministry of Sri Lanka ...
Central Finance Company is one of the licensed finance companies, authorised to accept deposits from the public by the Central Bank of Sri Lanka. [8] The company's main business activities include leasing, hire purchase financing, deposit mobilization and providing other financial services. [9]