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IMF calls for review of excise tax differences on imported and locally made alcohol

Sri Lanka, Nov. 5 -- Sri Lanka applies a lower fixed excise duty per litre to imported alcoholic beverages than to alcohol produced locally, a disparity the International Monetary Fund (IMF) has recom... Read More


Namal accuses government of failing to remove VAT on school supplies and healthcare

Sri Lanka, Nov. 5 -- Sri Lanka Podujana Peramuna (SLPP) National Organiser and MP Namal Rajapaksa accused the government of failing to fulfill its commitment to eliminate VAT on educational materials,... Read More


Concessions for home solar battery systems to be provided through 2027 budget

Sri Lanka, Nov. 5 -- Concessions will be made for home solar battery systems through the 2027 budget, Minister of Power and Energy Anura Karunathilaka told the Parliament today (05). President Anura ... Read More


Only 38.1% of Sri Lankans are computer literate, government survey finds

Sri Lanka, Nov. 5 -- Nearly 62 per cent of Sri Lankans aged between five and 69 cannot independently operate a computer, despite the growing use of digital technology, according to the latest survey b... Read More


Rs. 280 import tax applies only to Jasmine and sticky rice, Minister clarifies

Sri Lanka, Nov. 5 -- Minister of Trade Wasantha Samarasinghe has clarified that the revised import tax of Rs. 280 per kilogram applies exclusively to Jasmine rice and sticky rice, rejecting reports th... Read More


Transport Ministry moves to improve LMT Go app following passenger feedback

Sri Lanka, Nov. 5 -- Measures are being taken to resolve shortcomings in the LMT Go mobile application in response to feedback and practical difficulties reported by passengers using the Metro Bus ser... Read More


Colombo Municipal Council launches QR code food safety complaint system

Sri Lanka, Nov. 5 -- A new QR code-based food safety complaint system was introduced by the Colombo Municipal Council (CMC), allowing the public to report concerns regarding restaurants and food estab... Read More


New EU-India free trade agreement could challenge Sri Lankan exports

Sri Lanka, Nov. 5 -- The newly concluded European Union-India Free Trade Agreement could reshape the competitive landscape for Sri Lankan exports, even as the government moves to safeguard preferentia... Read More


Sri Lanka's budget surplus is no economic miracle

Sri Lanka, Nov. 5 -- The government's half-year books are out, and on the face of it they look good.The Mid-Year Fiscal Position Report, covering January to June, shows the state running a budget surp... Read More


More than 3.4 million people living below the official poverty line

Sri Lanka, Nov. 5 -- A new government survey reveals that poverty levels in Sri Lanka have risen, reversing years of steady decline following the economic crisis. According to preliminary findings fr... Read More