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Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
Featured Insight
Vote on Account 2025: Which ministries got the highest allocations?
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year. The Ministry of Transport, Highways, Ports, and Civil Aviation has received the highest ministerial allocation of LKR 220 billion in the 2025 VOA, driven by significant capital expenditure amounting to LKR 203 billion. While in 2024, the largest allocation was for the Ministry of Finance, Economic Stabilisation, and National Policies receiving LKR 1,077 annually. The top 8 ministries in the 2025 VOA collectively accounted for 92% of the total ministerial allocation, with the Ministry of Public Administration, Provincial Councils, and Local Government receiving the second-highest allocation of LKR 196 billion. Other key ministries like the Ministry of Finance, Planning and Economic Development (LKR 186 billion) and the Ministry of Health and Mass Media (LKR 162 billion) also received relatively substantial funding.
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Government revenue set to rise by LKR 922 billion in 2025— What’s driving the increase?
VAT revenue is projected to rise by LKR 305 billion in 2025, driving one-third of the total increase in government revenue. It is the single largest revenue source, contributing 32 percent of the government’s total revenue. Of this, LK...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
Sunday Times
Govt. to increase income tax threshold by Rs. 50k
The Sri Lankan government plans to raise the income tax threshold from Rs. 100,000 to Rs. 150,000 per month starting next month. This measure aims to encourage more people to register for mandatory income tax, enhancing tax system transparen...
மேலும் வாசிக்க
Source:
Economy nEXT
Sri Lanka excessive taxes on telecoms had hit rura...
Excessively high taxation of Sri Lanka telecom firms in recent years had hurt investment in rural areas but internet use had gone up sharply during the Coronavirus pandemic, the regulator said.In 2016 and 2017 telecommunication industry was...
மேலும் வாசிக்க
Source:
DailyFT
Tax concessions for 2 major projects to get Parlia...
Parliament will take up for debate two Orders under the Strategic Development Projects Act in Parliament today. The debate will look into the viability of granting tax concessions to two investment projects – the Colombo International Financial Centre and Ceylon T...
மேலும் வாசிக்க
நுண்ணறிவு வருமானம்
வரி செலுத்துபவர்களின் எண்ணிக்கை குறைவதால...
வருமான
Earnings from Tourism: Are we getting it...
Sri Lanka is expecting the earnings from tourism to play a significa...
Workers’ Remittances in 2021 Falls to 10...
Remittances reached a 10-year low in 202...
Budget Obfuscates Benefit From Cigarette...
Tax on Cigarett...
வரி அடிப்படையில் ஏற்பட்ட மாற்றம்: 2019 ம...
2019 முதல் 2020 ஆம் ஆண்டுக்கு இடைப்பட்ட க...
வருமான வரி வரம்பு மாற்றங்கள்
உத்தியோகம் மூலமான வருமானம், வர்த்தகம் மூல...
டிஜிட்டல் பொருளாதாரத்திற்கு வரிவிதித்தல்
ஒன்லைன்...
How does Sri Lanka’s Corporate taxes com...
A recent proposal initiated by the G7 to introduce a global mi...
கொழும்புத் துறைமுக நகரப் பொருளாதார ஆணைக...
கொழும்புத் துறைமுக நகரப் பொருளாதார...
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விவரணம்
மே மாதத்திற்குள் சர்வதேச நாணய நிதியத்தின் (IMF) 29...
சர்வதேச நாணய நிதிய (IMF) திட்டத்தின் கீழ் கண்காணிக்கக்கூடிய 100 உறுதிமொழிகளில் 29 ஐ இலங்கை பூர்த்தி செய்துள்ளதுடன், 2023 மே மாத இறுதிக்குள் அவற்றின் மூன்று உறுதிமொழிகளை நிறைவேற்ற தவறியுள்ளதாக வெரிட்டே ரிசர்ச்சின் 'IMF கண்காணிப்பான்...
மேலும் வாசிக்க
Sri Lanka met 46 IMF commitments and failed 12 by...
The transparency in Sri Lanka’s ongoing International Monetary Fund (IMF) programme improved in November following the publication of several supporting documents with the 2024 budget, according to the latest update of Verité Re...
மேலும் வாசிக்க
வரிச் சலுகைகள் காரணமாக அரசாங்கத்தால் கைவிடப்பட்ட வ...
தலைப்பு: வரிச் சலுகைகள் 2022/23 நிதியாண்டில் LKR 978 பில்லியன் வருவாயை இழக்க வழிவகுக்கும் 2022/23 நிதியாண்டில் (ஏப்ரல் முதல் மார்ச் வரை), வரிச்சலுகைகள் மொத்தமாக 9...
மேலும் வாசிக்க