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SJB MP Dr. Harsha calls on the Govt to revise the Inland Revenue bill
Main Opposition MP Dr. Harsha de Silva is calling on the Government to further revise the Inland Revenue bill on behalf of all professionals and to resolve the intensified brain-drain of late.
BOI inflates FDI inflows to cover up its failure to achieve targets
Sri Lanka’s Foreign Direct Investment (FDI ) has been falling down under the present economic set back, policy uncertainty and political instability along with the removal of tax concessions including tax holidays, ministerial consultative committee report revealed.
Govt pin hopes on India Japan, Singapore or a donor agency for bridge financing
Dollar strapped Sri Lanka is now trying persuade India Japan, Singapore or some other donor agency to obtain a bridge finance loan amounting to US$ 850 million to survive until the receiving of executive board approval for $2.9 billion IMF bailout before beginning to rebuild usable foreign reserves next year, finance ministry sources disclosed.
Direct flights between Chennai and Jaffna resume with tax bonanza
India and Sri Lanka have taken giant step towards the restoration of a significant connectivity with the resumption of direct flights between Chennai and Jaffna on Monday 12 offering many concession.
Govt to take final decision on SLT restructuring after committee report
The final decision on restructuring Sri Lanka Telecom (SLT) will be decided upon, when the report of the Finance Ministry's state institutions restructuring unit comes out, State Minister of Finance Shehan Semasinghe disclosed.