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Significant Increase in Income Tax Registrations with TIN Implementation for 2023/2024
October 19, Colombo (LNW) The implementation of the Taxpayer Identification Number (TIN) and Individual Registration Programme for Income Tax has resulted in a substantial...
CBSL Directs Banks to Establish Business Revival Units for Struggling Enterprises
October 19, Colombo (LNW) The Central Bank of Sri Lanka (CBSL) has issued a directive to all banks to establish dedicated business revival units...
CEB Clarifies Stance on Competitive Diesel Procurement for Electricity Generation
October 19, Colombo (LNW) The Ceylon Electricity Board (CEB) clarified that its new management has not made any decisions against competitive procurement of diesel...
Sri Lanka Original Narrative Summary: 19/10
The Ministry of Defense has been petitioned in the Court of Appeal, seeking to overturn a directive that requires individuals holding firearms for personal...
Sri Lanka’s Debt Relief Falls Short of Expectations amid New Bond Structure
October 19, Colombo (LNW) Sri Lanka, which entered a crucial debt restructuring agreement in September 2024, initially aimed for a 30% reduction in the...