Sri Lanka, Nov. 7 -- The Ape Janabala Party (Our Power of People Party) has decided to extend its support to the current government. This was announced in a statement issued by the party's General Se... Read More
Sri Lanka, Nov. 7 -- The state administrative system has been significantly weakened due to the lack of proper recruitment to fill vacancies in the public service for many years, President Anura Kumar... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake today (07) delivered the second reading of the 2026 Appropriation Bill or the budget speech in Parliament, the second of the National People's P... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake, in his capacity as Minister of Finance, presented his second Budget Speech in the Parliament today (Nov. 7). The 80th budget of the independen... Read More
Sri Lanka, Nov. 7 -- The government has proposed to allocate Rs. 2,000 million to establish a new office complex for the Department of Inland Revenue after selecting a suitable location among the prop... Read More
Sri Lanka, Nov. 7 -- The government has proposed to charge the social security contribution levy at the time of import or manufacture and sale of vehicles, and exempt it tax at the time of after-sales... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake, presenting the 2026 Budget, announced plans to strengthen the public transportation sector by adding 600 buses to the long-distance service fle... Read More
Sri Lanka, Nov. 7 -- The government has decided to reduce the annual turnover threshold for the registration of Value Added Tax and Social Security Contribution Levy from Rs. 60 million to Rs. 36 mill... Read More
Sri Lanka, Nov. 7 -- The government has proposed to remove the Special Commodity Levy on imported coconut oil and palm oil and implement the general tax structure including Value Added Tax. According... Read More
Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake stated that the total number of registered taxpayers in Sri Lanka has increased by 300,000 as of September 30, 2025 compared to 2024. The Presi... Read More