Sri Lanka is in the midst of a critical transition as it begins to reshape its tax system to reflect the realities of a ...

President Anura Kumara Disanayake today (08) emphasised the critical need to strengthen and digitalise the Inland Revenue Department (IRD) to achieve Sri Lanka's strategic digital economy objectives ...

Amending Act No. 04 of 2025 which was certified on 11 April 2025, introduced amendments to the charging section of the VAT ...

Sri Lanka’s Inland Revenue Department (IRD) will look into lower Pay As You Earn (PAYE) tax deduction for members of ...

Things are getting ‘curiouser and curiouser’ The National People’s Power (NPP) government is under intense public scrutiny.

With Sri Lanka’s new 18 percent Value Added Tax (VAT) on foreign digital services now a settled policy taking effect this ...

UNP MP Ravi Karunanayake yesterday (23) questioned the government’s decision to abolish the Simplified VAT (SVAT) scheme from ...

In February 2024, during the Ranil Wickremesinghe administration, an IMF technical assistance team visited Sri Lanka at the ...

President Anura Kumara Dissanayake yesterday emphasised the critical need to strengthen and digitalise the Inland Revenue Department (IRD) to achieve Sri Lanka's strategic digital economy objectives ...

The discussion reviewed the issues that have emerged within Sri Lanka’s tea industry. Special attention was paid to improving ...

Sri Lanka’s Inland Revenue Department (IRD) will look into lower Pay As You Earn (PAYE) tax deduction for members of ...

The CC and the ICs were introduced in 2001 following mass agitation calling for the abolition of the Executive Presidency. This was hailed as a milestone in constitutional government and a major ...