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Excise Department goes for digitisation to improve tax revenue
Sri Lanka’s Excise Department is in the process of enhancing revenue collection and strengthening tax administration with the aim of contributing much needed cash for state coffers in the severe economic crisis, top official of the department said.
Port City Development Regulations taint with irregularities
Numerous concerns are being raised over irregularities and alleged unlawfulness of outdated physical models (town planning/urbanisation) under the Colombo Port City Development Control Regulations (DCR). The DCR was unveiled on June10
TISL files petition in SC urging accountability for economic crisis
Transparency International Sri Lanka (TISL) and three individuals recently filed a fundamental rights petition in the Supreme Court calling for action against persons responsible for the current economic crisis in Sri Lanka.
Norochcholai Power Plant out of operation again triggering more cuts
The 900-megawatt (MW) coal-fired Lakvijaya Coal Power Plant, more commonly known as the all ways breakdown Norochcholai Coal Power Plant has to shut down due to technical fault as usual compelling the Ceylon Electricity Board CEB) to increase the duration of power cuts and introduce price hike soon
Sri Lanka falls from 1st place to 11 in Asia food security index
Without sufficient food reserves, fuel , cooking gas and steady supply of electricity or currency to import more essential commodities , Sri Lanka is set to face another unprecedented worst economic management crisis again soon, economic experts warned.
