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Learn about the social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. Find out its history, assets, investments and related terms.
Employees' Trust Fund (ETF) is a social security programme in Sri Lanka that provides benefits such as life insurance, disability, health, education and housing loans. ETF is funded by employers' contributions and managed by the Ministry of Finance, Economic Stabilization and National Policies.
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 ...
Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes.
AOL Mail offers secure and personalized email with features like AOL Mail, news, and weather for free. You can also access your email on the go with an iOS & Android app and get help from experts.
EPFO is a social security organization that regulates and manages provident funds, pension schemes and insurance for workers in India. The full form of EPFO is Employees' Provident Fund Organisation, established in 1952 under the Ministry of Labour and Employment.
The Central Bank of Sri Lanka (CBSL) is the monetary authority of Sri Lanka, established in 1950. It has two main boards, the Governing Board and the Monetary Policy Board, and is responsible for currency issuance, monetary policy, financial supervision and economic advice.
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
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