The Inland Revenue Department has announced that individuals earning less than Rs. 1.8 million annually can now claim relief on the advance income tax (AIT) charged on interest or discounts from ...

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ECONOMYNEXT – Sri Lanka parliament passed amendments to the country’s Inland Revenue Act aiming to boost tax income to achieve an ambitious revenue target President Anura Kumara Dissanayake government ...

Member of Parliament to discuss the Inland Revenue (Amendment) Bill to amendment the Inland Revenue Act, No. 24 of 2017. This ...

Deputy Commissioner General of the Inland Revenue Department, Rukdevi Fernando, has been appointed as the 39th Commissioner General of the Inland Revenue Department, with effect from tomorrow (20).

Sri Lanka's tourism revenue reached $37.6 million in February, marking a 6.3% increase compared to the same month last year, the Central Bank reported. In the first two months of the year ...

Sri Lanka’s Test and Limited-Over cricket captains Dhananjaya de Silva and Charith Asalanka have filed a writ application in the Court of Appeal seeking relief from court to prevent the Inland Revenue ...

ECONOMYNEXT – Sri Lanka’s foreign exchange revenue from tourism rose to $37.6 million in February, rising 6.3 percent compared to the same month last year, the central bank said, quoting tourism ...

Sri Lanka’s Committee on Public Finance (CoPF) has urged the government to accelerate the creation of a Casino Regulatory Authority, warning that delays are resulting in significant tax revenue losses ...

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The report then generated a score for each nation to establish the most family-friendly country. Sri Lanka came in first place. The island nation achieved an impressive score for its education system ...

The Committee on Public Finance (CoPF) has reiterated its demand to accelerate the establishment of the Casino Regulatory Authority to curb significant revenue losses. Lawmakers discussed the issue in ...