State of the budget report estimates 14% shortfall in revenue against budget projection Sri Lanka is projected to fall short of its budget target on revenue...
The Committee on Public Finance (COPF) told officials from the Ministry of Finance that the state was suffering a substantial revenue loss due to a delay...
By Rathindra Kuruwita Thousands of jobs in Sri Lanka’s book publishing industry will be lost due to the imposition of VAT (18%) on books publishers claim.They...
By Rohan Parikh In the intricate case of Sri Lanka’s economic rejuvenation, the recent surge in the Value Added Tax (VAT) to 18 percent, coupled with...
From June to November 2023, the Central Bank had reduced the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by about 6.5...
State Minister for Finance, Ranjith Siambalapitiya, participating in a special VAT awareness conference at the Ministry of Finance on Tuesday (09) said that laws will be...
The National Chamber of Commerce of Sri Lanka in collaboration with the Department of Inland Revenue, Sri Lanka will be conducting a seminar on “Value Added...
ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes....
The National Chamber of Commerce of Sri Lanka in collaboration with the Department of Inland Revenue, Sri Lanka will be conducting a seminar on “Value Added...
State Minister of Indigenous Medicine Sisira Jayakody announced on Thursday that Ayurveda products, medicines and industries, related to indigenous medicine, would be exempt from the Value...