Sri Lanka has already increased a raft of taxes including personal income taxes to boost the tax revenue by 70 percent in 2023 compared to this year’s estimated tax revenue. “With the new taxes being made effective from tomorrow, we see the government earning sufficient revenues to meet...
Following the severe 8.7% GDP contraction in 2022, Sri Lanka embarked on immediate and stringent measures to stabilise its economy. These measures included securing the 17th IMF bailout and implementing substantial increases in value-added taxes (VAT), personal income taxes, energy prices, and a f...
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Scam Alert:Beware of fraudulent messages, calls and links requesting for your personal information. Always verify the authenticity of the sender. For your own safety, please do not disclose your personal particulars, online banking credentials, credit/debit card details and OTP to anyone. Report sus...
December 5, 2023 Financial Statement for Q3 2023 (Sinhala Version) December 4, 2023 Standard Chartered Sri Lanka staff champion volunteering initiatives purposefully serving communities November 27, 2023 Standard Chartered Priority to partner Soul Sounds to ring in season festivities with ‘Moods of Chri...
In a joint initiative with LMRB, Kantar tracks monthly FMCG purchases of 4,500 Sri Lankan homes from across the country. It tracks over 60+ FMCG categories across Food & Beverages, Personal Care and Home Care, giving an understanding of changing FMCG purchase dynamics. This sample provides ...
Sri Lanka's new government will release the 2023 budget on Monday focused on boosting revenue, implementing tax reforms and fiscal consolidation to secure an IMF bailout package to help the country recover from its worst financial crisis in decades.
Sri Lanka leader says IMF deal imminent after China’s pledge 1 of 2 | Workers representing government institutions participate in a protest against Sri Lankan president Ranil Wickremesinghe’s tax policy in Colombo, Sri Lanka, Wednesday, Feb. 8, 2023. Sri Lanka’s president said Tuesday ...
Vehicle import Ban is now lifted in Sri Lanka. But with a catch, yes they want to see your income tax file number to see whether you are paying tax for your earnings. In addition there will be hefty taxes that the buyer must may for the Government from this year 2025 onward. ...
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.