Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake, in his capacity as Minister of Finance, presented his second Budget Speech in the Parliament today (Nov. 7). The 80th budget of the independen... Read More
Sri Lanka, Nov. 7 -- The government has proposed to allocate Rs. 2,000 million to establish a new office complex for the Department of Inland Revenue after selecting a suitable location among the prop... Read More
Sri Lanka, Nov. 7 -- The government has proposed to charge the social security contribution levy at the time of import or manufacture and sale of vehicles, and exempt it tax at the time of after-sales... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake, presenting the 2026 Budget, announced plans to strengthen the public transportation sector by adding 600 buses to the long-distance service fle... Read More
Sri Lanka, Nov. 7 -- The government has decided to reduce the annual turnover threshold for the registration of Value Added Tax and Social Security Contribution Levy from Rs. 60 million to Rs. 36 mill... Read More
Sri Lanka, Nov. 7 -- The government has proposed to remove the Special Commodity Levy on imported coconut oil and palm oil and implement the general tax structure including Value Added Tax. According... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake stated that the total number of registered taxpayers in Sri Lanka has increased by 300,000 as of September 30, 2025 compared to 2024. The Presi... Read More
Sri Lanka, Nov. 7 -- The government has allocated Rs. 100 million to conduct a comprehensive study on the potential economic benefits of Sri Lanka's blue economy, recognizing its vital role in nationa... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake says the issuance of vehicle permits for Members of Parliament will not be issued in future. The President stated that he is of the view that t... Read More
Sri Lanka, Nov. 7 -- Pradeep Nilanga Dela has been elected as the Diyawadana Nilame of the Kandy Dalada Maligawa for a third term. Published by HT Digital Content Services with permission from Ada De... Read More