Home Business 22,450 institutions default on EPF instalment payments
Business

22,450 institutions default on EPF instalment payments

Share
Share

The Ministry of Labour has identified as many as 22,450 state and private sector institutions that have defaulted the instalment payments of the Employees Provident Fund (EPF) in lieu of their employees.

The heads of these institutions are presently being consulted with regard to meeting the payments, said Deputy Labour Minister Mahinda Jayasinghe.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Business

Dhammika Perera acquires 40% stake in Harischandra Mills for Rs. 2.57 billion

Billionaire entrepreneur Dhammika Perera has added another major acquisition to his growing...

Business

Central Bank outlines benchmarks ahead of fifth IMF review completion

Central Bank Governor Dr. Nandalal Weerasinghe says Sri Lanka has reached a...

Business

Sri Lankan banks may struggle to attract deposits – CBSL

Sri Lanka’s banking and finance sector may face increasing difficulty attracting deposits...

Business

Sevanagala Sugar Company’s negligence causes major pollution in Walawe River

Farmers have raised serious concerns over environmental damage allegedly caused by the...