Tax Evasion Costs Sri Lanka Rs.80 Billion in 2023, IPS Study Finds
A recent study by the Institute of Policy Studies (IPS) reveals that the Sri Lankan government lost an alarming Rs.80 billion in tax.
Economics
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,.
- September 4, 2024
Economics
ICCSL Engages IMF on SVAT Abolition Impact
The International Chamber of Commerce Sri Lanka (ICCSL) recently led a crucial meeting with representatives from Sri Lanka’s export sector and a team.
- July 30, 2024
Markets
Animal Production Association Urges Government to Reconsider Egg Tax
Sri Lanka Animal Production Association President Ajith Gunasekara has called on the Government to reconsider the 20.5% tax on eggs, a perishable item,.
- July 2, 2024