Business

LNP – CBSL takes proactive measures against alarming increase in prohibited pyramid schemes

Central Bank (CBSL) yesterday said it has taken proactive measures to address the alarming increase in prohibited schemes under Section…

4 days ago

LNP – Hybrid vehicle import tax based on engine capacity will reduce costs, satisfy all

If hybrid vehicle imports are taxed based on their engine capacity, it will satisfy both consumers and the government, while…

4 days ago

LNP – Cabinet approval to import salt to resolve shortage

The Cabinet of Ministers has granted approval for the import of up to 30,000 metric tons of non-iodized salt by…

5 days ago

LNP – Compulsory retirement age of govt doctors extended

The Cabinet of Ministers has approved the extension of the compulsory age limit of retirement for government medical officers up…

5 days ago

LNP – Sri Lanka Police to receive Rs. 300M Indian grant for new vehicles

The Government of India has agreed to provide financial assistance amounting to Sri Lankan Rs. 300 million to address vehicle…

5 days ago

LNP – Withholding Tax to be increased to 10%

President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%.

6 days ago

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,…

6 days ago

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)…

7 days ago

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…

7 days ago

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…

7 days ago