The Committee on Public Finance questioned why only around 800,000 falling under the tax net when there are approximately 8 ...

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 ...

Janashakthi Group (JXG), Sri Lanka’s emerging financial conglomerate, announced its financial performance for the nine months ending December 31, 2024, with group revenue reaching Rs.18.34 billion and ...

DAMBULLA, Sri Lanka — After leaving school, Jeewanthi Adikari was determined to pursue her studies in accounting. But her life took a different path when she began a three-month training program ...

Sri Lanka is attempting to sustain economic growth ... In 2017, Parliament passed a new Inland Revenue Act in an effort to increase tax collection and broaden the tax base in response to ...

President Anura Kumara Dissanayake emphasized the responsibility of the Inland Revenue Department to collect the full tax revenue during a discussion with officials at the Presidential Secretariat ...

Stoneridge Inc (NYSE:SRI) outperformed its weighted average end markets by 490 basis points in 2024. The company achieved a 7% improvement in direct labor costs year over year. Positive free cash ...

Sports clubs could be in the firing line under an Inland Revenue proposal to change the way tax rules are interpreted. Photo / Bevan Conley Around 9000 clubs, societies, trade associations ...

The Hundred Sri Lanka International Challenge 2025, where over 650 international shuttlers representing 28 countries including Sri Lanka, commenced at the St. Joseph’s College Indoor Complex, Darley ...

ECONOMYNEXT – Sri Lanka’s Ceylon Tobacco Company Plc said net profits for the December 2024 quarter fell 7.5 percent to 7,865 million rupees. The firm reported earnings of 41.68 rupees per share for ...

Swiss packaging firm SIG has reported revenue growth of 4.3% year on year at constant currency, to €3.3 billion, in its financial year 2024. Carton revenue at SIG Group increased by 6% with ...

100,000 each for issuing goods to the market with the Sri Lanka Standards (SLS) logo printed on them without authorization. The fines were imposed on officials of a drinking water bottle ...