The Government is looking at the possibility of providing a relief package to the people prior to the traditional Sinhala and Tamil New Year, Finance Minister Basil Rajapaksa told the All-Party Conference (APC) yesterday. He said that he was...

The Bill to amend the Value Added Tax Act No. 14 of 2002 was passed by the Committee on Public Finance. The approval was given at a meeting of the Committee on Public Finance. This Bill has been drafted to implement the tax policy proposals...

Sri Lanka’s China-backed Colombo Port City special economic zone, which has is giving long term tax holiday is likely to face pressure as the international community which is moving for a minimum 15 percent global tax, an International...

Sri Lanka appears to be entering into an era of extremely high inflation and low growth, stoking serious concerns of stagflation, as the policymakers seem to have lost their grips on the economy, which is now going haywire with endless short...