If Sri Lanka aspires to become a higher middle-income nation, its economic development model will have to change. Economic growth will require changes towards diversification, productivity increases and reduction to its exposure to the agricultural sector, which currently employs a third of its workin...
Sri Lanka’s cash-strapped government has imposed a Pay As You Earn (PAYE) tax on all Sri Lankans who earn an income above 100,000 rupees monthly, with the tax rate progressively increasing for higher earners, from 6 percent to 36 percent. A person who paid a tax of 9,000 rupees on...
Col3neg LankaHQ Sri Lankan Tube YouTube Sri Lankan beer consumers pay over 70% of retail price in taxes: JBS Jan 7 (DM) The beer consumers in SL are effectively paying over 70% of the retail price of beer purely in taxes, according to research by Jafferjee Brother Securities (JBS)....
Among most families in Sri Lanka, if family favoritism is not followed, that person is considered disgraceful. There is a mental gap or deficiency in this respect that should be changed. Family favoritism goes into political favoritism. A political party is virtually considered as an extended fami...
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How the public health is still an important component of a country like Sri Lanka. How agriculture is still an important source of national income and the need of introducing new technology and innovation to improve modern agricultural approaches to increase the productivity, storage and ...
According to the CAASL, flying drones is legal in Sri Lanka, but certain regulations must be strictly followed. Read on for more details.
This paper examines the corporate governance mechanisms in Sri Lanka, a country that only a little more than a decade ago emerged from a 30-year long civil
along with the concept of inclusive economic growth and sustainable development. There is no doubt that the farmers can produce and feed the nation without depending on the rest of the world. Currently, a substantial portion of consumption in Sri Lanka helps the income generation of the farmers ...
Sri Lanka is also in talks with the World Bank, the Asian Development Bank and China for new money. Sri Lanka has a habit of blaming inherent policy errors of the intermediate regime central bank (soft-peg with anchor conflicts) on budgets, taxes, imports, the trade deficit, and the cu...