Tax revisions to be implemented with immediate effect:Value Added Tax (VAT) increased from 8% to 12%, Telecommunication Tax increased from 11.25% to 15%.

PUCSL approved power cuts from 2 to 5 June as follows;2nd June 2 hours3rd June 2 hours4th. June 1 hour5th. June NO power cuts:

Newspaper companies have decided to increase the prices of newspapers from tomorrow (01) due to the increase in transport and printing costs and paper prices. Accordingly, the companies further state that the price of a daily newspaper will be increas… Read More

Cabinet approves proposal by Prime Minister Ranil Wickremesinghe to amend the following acts to increase the revenue of the Government. Inland Revenue Act VAT Act Telecommunication Levy Act Betting & Gaming Levy Act Fiscal Management Act

World Bank Country Manager in Colombo, Chiyo Kanda said the World Bank will disburse approximately USD 700 million to Sri Lanka within the next few months.

A shooting incident reported at Bastian Mawatha. One person killed and 2 others injured: Hospital Sources.

President Gotabhaya Rajapaksa has vowed to take immediate action to arrest the suspect in the murder of an innocent girl in Atalugama. “My heartfelt condolences & deepest sympathies to the family of little Fatima Ayesha who was senselessly killed. I… Read More