LNP – Withholding Tax to be increased to 10%
President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%.
Read more
LNP – Sri Lanka to allow vehicle imports from February 2025
President Anura Kumara Dissanayake has announced that the government has decided to allow the import of vehicles for personal use, with effect from February 01, 2025.
Read more
LNP – Govt to raise PAYE tax threshold to Rs. 150,000 – President
President Anura Kumara Dissanayake says that the government was able to reach an agreement with the International Monetary Fund (IMF) to increase the Pay As You Earn (PAYE) Tax exemption limit from Rs. 100,000 to Rs. 150,000.
Read more
LNP – Expressway exits accept only local currency, inconveniencing tourists and locals: Official
Tourists and the local community face inconvenience when making payments at expressway toll gates, as they currently accept only Sri Lankan currency
Read more
LNP – Only ministers, MPs have benefited most from President’s Fund: Govt.
Former Ministers and MPs have disproportionately benefited from the President’s Fund, receiving financial assistance for medical treatment that goes beyond the fund’s original purpose, Parliament was informed today.
Read more
LNP – Plan to relocate President’s House, Temple Trees to Sri J’pura Kotte put on hold
The new government led by the National People’s Power (NPP) has put on hold plans by the previous rule to relocate the President’s House,
Read more
LNP – Sri Lanka’s internet subscriptions hit 26mn connections
The number of internet subscriptionsin Sri Lanka, including mobile internet connections, has risen to 26 million units by the end of the second quarter of 2024, according to local analytics platform Charts.lk.
Read more
LNP – RW praises AKD
Former President Ranil Wickremesinghe commended his successor Anura Kumara Dissanayake for deciding to proceed with the Economic and Technical Cooperation Agreement with India
Read more
LNP – Will table educational qualifications in Parliament tomorrow: Sajith
Opposition Leader Sajith Premadasa said he will table all his education qualifications in the House tomorrow.
Read more
LNP – Sri Lanka’s economy grows 5.5% in Q3 2024
The year-on-year GDP growth rate for the third quarter of 2024 has been reported as 5.5 percent of positive growth rate, the Department of Census and Statistics indicated.
Read more