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

2024-12-20   |   Business

If hybrid vehicle imports are taxed based on their engine capacity, it will satisfy both consumers and the government, while reducing the prices of ex...

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LNP - IMF to assess Sri Lanka’s tax revisions in upcoming staff report

2024-12-20   |   Crime

The IMF Executive Board is expected to convene in the coming months to review the Staff-Level Agreement on the Third Review under the Extended Fund Fa...

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LNP - Cabinet approval to import salt to resolve shortage

2024-12-19   |   Business

The Cabinet of Ministers has granted approval for the import of up to 30,000 metric tons of non-iodized salt by the State Trading Corporation to addre...

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LNP - ADB extends $150 million line of credit to CEB

2024-12-19   |   Uncategorized

Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on Thursday for the ADB to provide a loan of $150 million to the C...

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LNP - Compulsory retirement age of govt doctors extended

2024-12-19   |   Health

The Cabinet of Ministers has approved the extension of the compulsory age limit of retirement for government medical officers up to 63 years, with ame...

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

2024-12-19   |   Crime

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

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LNP - Cabinet nod for review of SOEs with non-commercial interests

2024-12-19   |   Uncategorized

The Cabinet of Ministers has granted approval for the review of State-Owned Enterprises (SOEs) with non-commercial interests. This proposal was presen...

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LNP - Sri Lankan jailed for murdering wife with axe in front of their children

2024-12-19   |   Crime

A Sri Lankan man has been sentenced to 37 years in jail for murdering his wife with an axe in front of their teenage children, in what a judge has des...

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LNP - Court issues arrest warrant on Gnanasara Thera over absence on judgment day

2024-12-19   |   Crime

The Colombo Chief Magistrate’s Court today issued a warrant for the arrest of Bodu Bala Sena (BBS) General Secretary Ven. Galaboda Aththe Gnanasara ...

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LNP - Withholding Tax to be increased to 10%

2024-12-18   |   Uncategorized

President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%. Speaking in Parliament today (18), he said tha...

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