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Government to ease oppressive taxes after economy gains momentum.
Sri Lanka government is to ease the oppressive taxes imposed on the people after the economic situation is improved as the tax hikes were aimed at supporting 90 per cent of the people who need the state assistance, a senior minister said.
Rail service deteriorates day by day despite IRCON upgrading works
SrI Lanka’s Rail transport service is deteriorating day by day despite efforts to repair and rebuild railway lines country wide with the involvement of IRCON International, a fully owned company of the Indian Government, in upgrading railway lines.
Government to introduce first ever National Agricultural Policy soon
Sri Lanka is set to introduce first ever National Agricultural Policy and it will be presented in Parliament shortly by the subject Minister Mahinda Amaraweera.
New Year’s joy not so felicity for Sri Lankans battling inflation
Cash strapped and crisis ridden Sri Lankans welcomes the dawn of the New Year 2023 with celebrations on 31st night in low key due to economic woes in 2022 lighting crackers and fireworks glittering the sky in main city centers countrywide.
People’s Banks open Vostro account with HDFC Bank, India
People’s Bank has taken steps to further strengthen trade related services with India by opening an Indian rupee (INR) account with HDFC Bank, India.