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Your email address will not be published.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

Central Bank fines seven firms for anti-money laundering lapses

The Central Bank of Sri Lanka (CBSL) has imposed a combined Rs....

Business

Container congestion persists at Colombo port despite high-level talks

Container congestion at the Port of Colombo remains unresolved despite a high-level...

Business

Over 370,000 workers in Sri Lanka face income losses following Cyclone Ditwah

Cyclone Ditwah, which struck Sri Lanka in late November, has affected up...

Business

Sri Lankan shares fall as industrials, real estate, energy stocks drag

Sri Lankan shares closed lower on Monday, marking the fourth consecutive session...