Loans up to Rs.10 Mn for SMEs – Finance Ministry
2024-07-19
A new loan scheme with a subsidized interest rate of 7% has been introduced for small and medium enterprises (SMEs),Continue Reading
Vehicle imports : Minister briefs Parliament
2024-07-10
The government hopes to commence vehicle imports from August under a special program that will not cause any issues toContinue Reading
Govt to Tax 14 sectors previously untaxed
2024-07-09
The government has chosen to tax fourteen (14) sectors which were previously untaxed, State Minister of Finance Ranjith Siyambalapitiya announced. Continue Reading
Vehicle import ban : Over 44,000 vehicles released to local market
2024-06-07
Over 44,000 vehicles have been released to the local market despite the existing ban on vehicle imports, State Minister ofContinue Reading
Sri Lanka Customs to move to online auctions from July
2024-04-26
Sri Lanka Customs has been instructed to conduct auctions via the online system from July this year. State Minister ofContinue Reading
Govt to seize nearly 112 illegally imported vehicles
2024-04-25
The Ministry of Finance is to confiscate 112 vehicles that had been illegally imported to Sri Lanka in the lastContinue Reading
Vehicle import ban : Update from Minister
2024-04-10
The ban imposed on the importation of vehicles will continue to be relaxed in phases going forward, State Minister ofContinue Reading
Vehicle imports allowed for special requirements : Update from Minister
2024-04-04
Sri Lanka’s ban on vehicle imports has been relaxed to allow one-year-old vehicles to be imported for tourism purposes, asContinue Reading
Rs. 10,000 salary hike for state employees from April
2024-03-26
The government has decided to provide the proposed Rs. 10,000 salary increment for state employees in April this year. StateContinue Reading
Changes to TIN number : New update
2024-02-23
The proposal to incorporate the National Identity Card (NIC) when issuing the Tax Identification Number (TIN) for tax registration willContinue Reading
Vehicle imports: Clarification from state finance minister
2024-02-21
No decision has been taken concerning the restrictions imposed on vehicle imports in Sri Lanka, State Minister of Finance RanjithContinue Reading
2025 Property Tax : Update from Finance Ministry
2024-01-29
The Government intends to introduce the proposed Property Tax in 2025, State Minister of Finance Ranjith Siyambalapitiya said. Speaking toContinue Reading
Mandatory TIN number : Major change expected
2024-01-24
The Ministry of Finance has taken measures to simplify the newly introduced Taxpayer Identification Number (TIN). State Minister of FinanceContinue Reading
VAT issue : Notice for all businesses
2024-01-10
The laws will be strictly enforced to eradicate the trade mafia generating profits without registering with the Inland Revenue Department,Continue Reading
2024 VAT : Govt prepared to reassess 97 out of 138 items
2023-12-08
The government is open to reconsidering the list of items to which Value-Added Tax (VAT) will be applied from JanuaryContinue Reading
Liquor licence suspension : Minister gives details on tax arrears
2023-11-09
The five liquor production companies whose licences were recently suspended owe tax arrears amounting to Rs. 2,715 million to theContinue Reading
New property / wealth Tax : Minister gives details
2023-10-30
The government plans to introduce a new property or wealth tax in 2025, State Minister of Finance Ranjith Siyambalapitiya said. Continue Reading
Koththamalli turns into beedi : Customs holds two containers
2023-10-18
State Minister of Finance Ranjith Siyambalapitiya has inspected two containers consisting of over 11 kilos of beedi leaves that hadContinue Reading