Tag: TAX

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Tax on dates slashed

Tax on dates slashed

Government to withdraw SGST exploring other tax options 

Thegovernment is withdrawing the special Goods and Services Tax (GST) bill aimed at simplifying the existing tax structure and consolidates several taxes assingle tax...

Govt surcharge tax to recover Rs135 billion from profitable state institutions  

At least five profitable state institutions and two superannuation funds  will have to forgo around Rs.135 billion for 25 percent super charge tax  which...

Private sector lobby groups up in arms against 25 percent surcharge tax 

Concerns were raised regarding the dampening impact the new taxes may have on investor confidence, particularly since many of the new measures are one-off...

Special GST sparks wide spread protests over tax collection unit

Sri Lanka government is set to introduce the Special Goods and Services Tax (SGST) setting up a separate tax revenue collection unit at the...

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Colombo Port Gridlock Threatens Sri Lanka’s Export Competitiveness

Sri Lankan exporters are once again facing mounting uncertainty...

Manufacturing and Services Sectors Sustain Growth in August amid Challenges

Sri Lanka’s business sector displayed resilience in August 2025,...

Sri Lanka’s graphite sector struggles with output, licensing, and lost potential

Sri Lanka, home to some of the world’s highest-quality...

President Dissanayake Calls on World Bank to Highlight Sri Lanka’s Transparent Governance

President Anura Kumara Dissanayake has urged the World Bank...

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