UN Assistant Secretary General Emphasizes Simplifying Taxpayer Registration for Broadening Sri Lanka’s Tax Base
In a recent meeting with Finance State Minister Shehan Semasinghe on January 3rd, Ms. Kanni Wignaraja, the UN Assistant Secretary
Political Parties Reshaping Strategies as Election Year Unfolds Amid Economic Challenges
With the advent of the New Year, political parties are visibly realigning themselves, crafting new strategies in anticipation of upcoming
Cabinet Approval Paves the Way for Trincomalee Fuel Storage Project’s First Phase Development
Sri Lanka’s Cabinet of Ministers has greenlit the proposal by the Minister of Power and Energy to commence a procurement
Mandatory Income Tax Registration for Citizens Aged 18 and Above Effective February 1, 2024
Today, the Presidential Media Division announced a new mandate, requiring all citizens aged 18 and above to register for income
Sri Lanka Falls Just Short of 2023 Tourism Target Despite Record-Breaking December Arrivals
Sri Lanka has narrowly missed its ambitious goal of welcoming 1.5 million tourists in 2023, as reported by the latest
VAT Increases Across Various Sectors in Sri Lanka Effective January 1st
In a significant fiscal adjustment, Sri Lanka’s Value Added Tax (VAT) rate rises from 15% to 18% starting January 1st.
Sri Lanka Bars Chinese Research Vessels from Ports and Exclusive Economic Zone for One Year Following Indian Concerns
Sri Lanka has officially communicated to India its decision to deny entry to any Chinese research vessel at its ports
Ceylon Petroleum Corporation Adjusts Fuel Prices in Response to New VAT Implementation
In light of the recent imposition of the new Value Added Tax (VAT), the Ceylon Petroleum Corporation (CPC) has undertaken
BJP National President JP Nadda Releases Stamp Commemorating 200 Years of Indian-Origin Tamils in Sri Lanka
In a strategic move to appeal to Tamil voters ahead of the 2024 Lok Sabha elections, Bharatiya Janata Party (BJP)
Mobile Phone Prices to Surge by 35% Starting January 1, Announces Mobile Phone Sales and Dealers’ Association
In a significant development, the Mobile Phone Sales and Dealers’ Association has declared that prices for all categories of mobile