Economics

Sri Lanka Collects Rs10.9bn from Rice Import Tax Amidst Low Yields and Protectionist Measures

Sri Lanka has collected 10.9 billion rupees from imported rice as of January 10, according to K A Vimalenthirarajah, Secretary to the Ministry,.

Read More
Economics

Sri Lankan MPs to Receive Taxpayer-Funded Vehicles Amid Public Concerns

Sri Lanka’s parliamentarians are set to receive fully taxpayer-funded vehicles, replacing the previous practice where they financed their own cars without tax, according.

Read More
Economics

Sri Lanka and Austria to Sign Convention on Preventing Double Taxation and Evasion

The Sri Lankan Cabinet of Ministers has approved a proposal by the Minister of Finance to sign a convention with Austria aimed at.

Read More
Economics

Sri Lanka’s Budget Deficit Plummets by 52% in First Half of 2024 as Tax Revenues Surge

Sri Lanka’s budget deficit saw a significant reduction of 52% in the first half of 2024, dropping to 515.7 billion rupees. During the.

Read More
Business

CA Sri Lanka Hosts Forum on IMF Tax Reforms

To facilitate a deeper understanding of the International Monetary Fund (IMF) tax reforms, the Institute of Chartered Accountants of Sri Lanka (CA Sri.

Read More