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Tax Break on Used Cars Drains Revenue, Distorts Market
Sri Lanka’s longest-standing automotive industry association has intensified calls for the government to reverse what it describes as an economically unsound tax concession on...
Trump Urges Iranians to Continue Protests as Tehran Intensifies Crackdown
U.S. President Donald Trump on Tuesday called on Iranians to continue protesting, claiming that assistance was “on the way,” as Iran’s clerical leadership pressed...
China Donates School Uniform Fabric for 2026; Handover Ceremony Held at Colombo Port
The official ceremony to hand over school uniform fabric for 2026, donated by the Government of China, was held at the Colombo Port premises...
Customs and Inland Revenue Sign MoU to Strengthen Joint Action Against Revenue Losses
Sri Lanka Customs and the Inland Revenue Department (IRD) signed a Memorandum of Understanding (MoU) to establish a coordinated mechanism for joint investigations aimed...
Cabinet Approves PPP Initiative to Develop Pelawatte Sugar Factory as Tourist Attraction
The Government has decided to develop selected areas of the Pelawatte Sugar Factory into tourist attraction sites by inviting private sector investment under a...