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