Sri Lanka hiked personal income tax rates in 2023. Value added taxes were raised to 15 percent from 8 percent last year. Another 2.5 percent cascading tax was imposed on top of VAT, the effect of which was estimated to be around 4.5 or more through the cascading effect. While value added...
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...
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Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon.
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...
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.
Sri Lanka’s ties with Israel continued to flourish during President Mahinda Rajapaksa government though he has been the president of Sri Lanka Committee for Solidarity with Palestinian People since 1975.The pinnacle of this warming up of relationship between the two countries came when Preside...
Date of departure from Sri Lanka Citizenship or nature of visa granted by a foreign Government Regulatory required documentsSpecial condition Installments for the foreign currency investment plan should be routed from a Personal Foreign currency or Business foreign currency account in the form of a stan...
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