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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 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 ]
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 ...
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]
The Sri Lanka Administrative Service (SLAS) (Sinhala: ශ්රී ලංකා පරිපාලන සේවය; śrī laṁkā paripālana sēvaya) is the key administrative service of the Government of Sri Lanka, with civil servants working for both in the Central Government as well as in the provincial councils. It was formed as the ...
The need for accounting technicians were emphasized in the master plan for Accountancy Education in Sri Lanka prepared by the Asian Development Bank Inception Mission in 1986 and following that AATSL was established in December 1987 on the model of the Association of Accounting Technicians (UK) and subsequently AAT Ireland (called Institute of Accounting Technicians Ireland) was formed in ...
The Public Services of Sri Lanka are a series of services groups that provide specialized professional services to the Government of Sri Lanka. These are government employees who carry out public duties, however they are not elected officials. The most senior of these is the Sri Lanka Administrative Service which is the country's permanent ...
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...