Companies with 15 workers and over must make ETF remittances online from Feb. 1: Fin. State Minister

26 December 2022 09:24 pm - 6 - {{hitsCtrl.values.hits}}

A A A

From February 1, the remittances of all companies with more than 15 employees must pay their employees' remittances to the Employers' Trust Funds (ETF) through an online system, Finance State Minister Ranjith Siyambalapitiya said.

He told the media that the decision will be implemented according to a decision taken by the President as the Finance Minister and according to the gazette notification issued by him.

This decision will help to secure the rights of the 2.8 million employees registered with the ETF Board, as well as clarify the facts clearly and transparently, he said.

There are 16,000 employers registered with the ETF, and this program will ease their work.

Earlier, several institutions engaged in this program, but as of February 1, it will be applicable to all companies with more than 15 employees, the State Minister said.

He sad the employees will have the right to check their ETF remittances online, and this program will be implemented to send an SMS to the respective employee to notify them of their ETF remittances.

After implementing the program, this will be a great opportunity for employees to look plan their activities for the future, the State Minister added. (Chaturanga Pradeep Samarawickrama)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 6

Sam Silva Tuesday, 27 December 2022 12:20 AM

Good decision Also epf should be included too and to have a choice for the employees to withdraw their benefits on line.

Ranjan Fernando Tuesday, 27 December 2022 05:02 AM

Before make regulations on private sector, increase productivity of government servants, You are one major supporter to increase government servants by giving 50000 jobs to unemployed graduates during MR regime which leads to our economic mess today

Buddhist Tuesday, 27 December 2022 05:14 PM

Good move. In addition, if all cash registers are connected to the Inland Revenue Dept, even the sales taxes could be monitored and collected correctly.

Mahila Tuesday, 27 December 2022 09:28 PM

HOPE, is eternal in the Human heart!!! Realisation is another matter

Dharshana Tuesday, 27 December 2022 09:59 PM

Salary and allowances of employees should be deposited to a bank account (no cash to hand).

Ranjan Wednesday, 28 December 2022 07:52 AM

What happened to the Share broker who played out billions worth peoples money from Labour Department who even made use of a key player for the Central Bank BondScam?

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Companies with 15 workers and over must make ETF remittances online from Feb. 1: Fin. State Minister

Comments - 6

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

VFS Global is here to stay for at least 12 years, says Tiran

Foreigner injured after falling from Lotus tower

Not only on-arrival visas but online visas too should be stopped

Diana under immigration radar for overstaying visa since 2014

Supreme Court rules Diana Gamage ineligible for parliamentary seat

On-arrival visa fiasco drains VFS Global’s confidence in Sri Lanka

MIRROR CRICKET

Nisala steers Sri Lanka ‘A’ to easy win

Athapaththu climbs T20I rankings after stellar performance

Shanto to lead Bangladesh’s squad for T20 World Cup

Wanuja helps Sri Lanka ‘A’ to come out on top

TODAY'S HEADLINES

Environmental Leaders of Tomorrow

IGP Tennakoon elected as National President of International Police Association Sri Lanka

Arrested with deer horns and guns

Air Force Commander engages in strategic talks at Air and Space Power Conference 2024 in Australia

Nisala steers Sri Lanka ‘A’ to easy win

Athapaththu climbs T20I rankings after stellar performance

Shanto to lead Bangladesh’s squad for T20 World Cup

Wellalage inclusion hints Three-Spin Attack in World Cup