New Delhi, July 22 -- Sri Lanka is set to end tax breaks for the Port City Colombo project being implemented by a Chinese state-run firm as part of commitments under an IMF bailout package, a move expected to hit the viability of the $1.4-billion venture. The government has committed to amend the Strategic Development Projects Act and Port City Act to introduce "transparent, rules-based, best-practice aligned eligibility criteria for time-bound" incentives and cut the length of tax holidays. P2...