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Personal income tax-free allowance raised to Rs. 1.95 mn under restructured 2027 tax slabs

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has announced comprehensive amendments to the Inland Revenue Act, No. 24 of 2017 as part of the 2027 Budget, raising the annual personal income... Read More


Rs. 110 bn alocated to complete public sector salary hike alongside doubled transport allowances in 2027 Budget

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has announced an allocation of Rs. 110 billion in the 2027 Budget to roll out the third and final phase of the public sector salary increase, c... Read More


President unveils major 2027 energy overhaul

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has announced a sweeping package of energy sector reforms in the 2027 Budget aimed at bolstering national energy security, modernising distribu... Read More


President vows to push ahead with education reforms despite opposition

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has affirmed that the Government will press forward with its education reforms despite opposition, committing increased financial backing for t... Read More


President unveils major digital transformation push

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has emphasised that digital transformation is vital for building superior governance, upgrading public service efficiency, and modernising stat... Read More


President announces plan to establish AI Excellence Centre at Wijerama Mawatha

Sri Lanka, Nov. 12 -- President Anura Kumara Dissanayake has announced that the Government will establish an Artificial Intelligence (AI) Excellence Centre at Wijerama Mawatha to bolster national AI e... Read More


LAUGFS Gas resumes deliveries as vessel carrying over 3,000 metric tons of LPG arrives

Sri Lanka, Nov. 12 -- LAUGFS Gas PLC has announced that a shipment carrying over 3,000 metric tons of liquefied petroleum gas (LPG) arrived in Sri Lanka today (12), allowing the company to restart cyl... Read More


Tense clash at Ruwanweli Maha Seya protest

Sri Lanka, Nov. 12 -- Tensions flared near the Ruwanweli Maha Seya today (12) after an outside group arrived at the site where Buddhist monks are staging a satyagraha and fast-unto-death protest again... Read More


Sri Lanka reports nearly 7,000 rat fever cases as monsoon rains raise concerns

Sri Lanka, Nov. 12 -- Sri Lanka has recorded nearly 7,000 cases of leptospirosis, commonly known as rat fever, so far this year, with health authorities warning that infections could rise further amid... Read More


Public Finance.LK questions if Budget 2027 will address gaps in 2026 Budget

Sri Lanka, Nov. 12 -- Public Finance.LK says its analysis of last year's Budget identified three major shortcomings: inconsistencies in figures, unclear economic forecasts, and proposals without cost ... Read More