Sri Lanka, Nov. 11 -- The Sri Lankan government's latest budget indicates that the authorities remain committed to reducing government debt/GDP over the medium term after beating their targets in the ... Read More
Sri Lanka, Nov. 8 -- With the view of broadening the tax base, the Finance Minister proposes to reduce the annual turnover threshold for the registration from Rs. 60 million to Rs. 36 million Value Ad... Read More
Sri Lanka, Nov. 8 -- The National Budget 2026 maintains a clear trajectory of policy predictability, fiscal consolidation, and disciplined debt management, continuing the stability required for Sri La... Read More
Sri Lanka, Nov. 7 -- Locally produced coconut oil and palm oil are subjected to Value Added Tax and Social Security Contribution Levy, while imported coconut oil and palm oil are subjected to Special ... Read More
Sri Lanka, Nov. 7 -- Locally manufactured fabric is subjected to VAT and the imported fabric, although exempted from VAT, is subjected CESS of Rs. 100 per kilo gram. To ensure a level playing field, ... Read More
Sri Lanka, Nov. 7 -- The President proposes to revise the current Customs Import Duty rates of 0%, 15%, 20%, in line with the National Tariff Policy, to 0%, 10%, 20%, 30%, effective from April 2026. ... Read More
Sri Lanka, Nov. 7 -- It is observed that the social security contribution levy on the sale of vehicles is not being collected properly. Therefore, the social security contribution levy is proposed to... Read More
Sri Lanka, Nov. 7 -- Policybazaar.com, one of India's largest insurance platforms, has announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE. With this move, Policy... Read More
Sri Lanka, Oct. 30 -- A high-level delegation from the Embassy of the United States in Sri Lanka made a courtesy call to Hambantota International Port (HIP) recently. The delegation, led by Ms Jayne H... Read More
Sri Lanka, Oct. 30 -- Hayleys Plantations, home of the world's first Regenagri(R)-certified tea estate, has entered into a landmark partnership with Solidaridad Network Asia and its Sri Lankan partner... Read More