In November 2024, Sri Lanka’s Supreme Court issued an unusual ruling: senior Government officials had breached the public ...

(Bloomberg) -- Sri Lanka’s president set “ambitious” tax revenue goals in his budget that may be difficult to meet, analysts said, potentially raising risks around its loan program with the ...

Sri Lanka Customs has surpassed the Rs. 2 trillion (Rs. 2,000 billion) mark in tax revenue collection for the year, as of ...

Sri Lanka's government on Tuesday announced a taxation overhaul to maximise revenue amid the country's crippling economic crisis, hiking value added taxes and corporate income tax, and slashing the ...

Sri Lanka’s education system faces a critical test as the government prepares its upcoming budget, with experts warning that ...

The republic of Sri Lanka, which hosts seven casinos, expects to launch its Gambling Regulatory Authority by the end of June ...

Despite its potential to provide councils with independent financial resources, Sri Lanka's rate assessment system remains underutilized.

The Planters’ Association of Ceylon (PA) is urging the Government to act swiftly to lift the ban on oil palm cultivation, warning that with each passing day, the losses to the nation keep growing. ..

Rain and Rainbows: Taiwan Celebrates Pride as Hong Kong’s LGBTQ Rights Stall In the aftermath of political turmoil, Sri Lanka’s government will be hard-pressed to manage debt and growth in 2019.

Sri Lanka will tax imports of Hollywood and Bollywood movies and TV programs beginning in April and use the money to develop the country’s film industry. A flat tax of $750 will apply to movies; ...

COLOMBO (Reuters) - Budget proposals presented in Sri Lanka on Thursday included revisions to corporate and withholding taxes to boost revenue and cut the 2017 fiscal deficit to 4.6 percent of GDP ...