Sri Lanka to Impose 15% Tax on Freelancers and Individuals’ Forex Earnings
Individuals in Sri Lanka, including freelancers earning foreign exchange through services provided to external clients, will be subject to a 15% tax starting.
Policy and Regulation
Discussing government policies, regulations, and legislative changes affecting businesses and the economy, including tax laws, trade agreements, and monetary policy decisions.
Policy and Regulation
Policy and Regulation
Sri Lanka Cabinet Moves Forward with Casino Regulator Law
Sri Lanka’s cabinet of ministers has granted policy approval to draft legislation for establishing a casino regulatory authority, Minister Nalinda Jayatissa announced. The.
- February 28, 2025
Policy and Regulation
Sri Lanka Central Bank Warns Against Unauthorized Use of ‘Finance’ in Company Names
Sri Lanka’s central bank has issued a warning regarding the unauthorized use of the word ‘Finance’ in company names, highlighting a violation of.
- February 28, 2025
Government Regulations
SLRA Applauds Government’s VAT Refund Scheme for Tourism
The Sri Lanka Retailers’ Association (SLRA) has welcomed the Government’s approval of a VAT refund program for tourism, a move expected to enhance.
- January 30, 2025
Policy and Regulation
New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices
Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement.
- October 30, 2024
Policy and Regulation
Sri Lanka Implements Ban on Transport and Sale of African Swine Fever Infected Pigs
Sri Lanka has issued a gazette notice banning the transport, slaughter, and sale of pigs infected with African Swine Fever (ASF) as part.
- October 29, 2024
Government Regulations
SC Reviews Petition Over Alleged Rs. 85 Billion Loss from Lotus Tower Casino License
The Supreme Court (SC) recently addressed a petition alleging that the State incurred a loss of Rs. 85 billion due to the previous.
- October 1, 2024
Policy and Regulation
Sri Lanka to Present Interim Budget in November; Full Budget in January 2025
Sri Lanka’s new government is set to present an interim budget for the first quarter of 2025 in November, according to Prof. Anil.
- September 27, 2024
Policy and Regulation
Kavan Ratnayaka Resigns as Chairman of BOC
Kavan Ratnayaka has stepped down from his role as the Independent, Non-Executive Chairman of the Bank of Ceylon (BOC). The announcement was made.
- September 24, 2024
Policy and Regulation
CCC Highlights 10 Economic Priorities for President Dissanayake’s First 6 Months
The Ceylon Chamber of Commerce (CCC) has congratulated newly elected President Anura Kumara Dissanayake and pledged its commitment to collaborate with stakeholders on.
- September 24, 2024