ECONOMYNEXT – Sri Lanka businessman Kulappu Arachchige Don Dhammika Perera has bought 106.9 million shares of East West Properties PLC for 3.2 billion rupees.
This...
The Colombo Magistrate’s Court has granted bail to four suspects, including former Department of Motor Traffic (DMT) Commissioner General Nishantha Anuruddha Weerasinghe, who were arrested over the alleged illegal...
The Inland Revenue Department (IRD) has launched a series of criminal investigations into persistent tax evasion cases, particularly focusing on Value Added Tax (VAT)...
In a major shift toward progressive taxation, the Sri Lankan government is preparing to implement sweeping reforms to its tax system that will place...
The Colombo-based think tank Advocata Institute has called on the Sri Lankan government to reform its e-commerce tax and customs framework, urging authorities to...
