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 ...

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

While President Premadasa shrewdly kept the younger contenders in the fight we received disconcerting news from time to time that he was also looking for other options. Before nominations were ...

A meeting was held on Thursday (17) at the Presidential Secretariat between the Secretary to the President Dr. Nandika Sanath ...

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 ...

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.

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

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

Former Tax Agent Sentenced For COVID Relief Fraud Monday, 14 July 2025, 2:33 pm Press Release: Inland Revenue Department ...

The Inland Revenue Department has acknowledged its forecasts about the uptake of the coalition Government’s FamilyBoost scheme were wrong, but says all forecasts have a degree of uncertainty. The ...