Tech Industry

Cabinet Approves IT Strategic Plan for Inland Revenue Department to Enhance Digitization

The Cabinet has officially approved the IT Strategic Plan for the Inland Revenue Department, as announced by Cabinet Spokesman and Minister Dr. Bandula.

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Business

Deadline Approaches for Phasing Out Temporary VAT Registration in Sri Lanka

Sri Lanka is set to amend its Value Added Tax (VAT) Act to phase out temporary VAT registrations by the end of 2024,.

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Business

Sri Lanka RAMIS to Utilize NIC for Tax Collection, Seeks IT Partner

A ministerial sub-committee’s report on the ‘Effective RAMIS System Utilization’ has recommended using the national identity card (NIC) to identify individuals for tax.

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