Traders called upon to pay VAT only for VATable items Sri Lanka’s retail and wholesale traders will be asked to pay 15 per cent Value Added Tax (VAT) only on the revenue from the sale of VATable goods in accordance with the proposed VAT amendment Draft Bill to be presented in parliament soon, Finance Ministry media release revealed.
Colombo High Court has issued notice on former General Secretary of the United National Party (UNP) Tissa Attanayake in a case against him for allegedly preparing fraudulent documents, local media rpeorted.
The German delegation of investors, in Sri Lanka last week to consider investing in the failed Central Investment and Finance Ltd (CIFL), left on Saturday without any finality on the proposed investment.
UPFA MP Wimal Weerawansa has arrived at the Financial Crime Investigation Division (FCID) a short while ago.
The disbursement of the second tranche of a IMF 1.
The work-to-rule campaign by Sri Lanka Customs officers has been called off this afternoon.
One person was killed and four others injured after a collision between a car and a lorry in the Kiula area in Hungama at about 1.
The Human Rights Commission (HRC) has written to Prime Minister Ranil Wickremesinghe expressing grave concern that a proposed amendment to the Criminal Procedure Code (CPC) will deprive suspects arrested and detained by police of access to Attorneys-at- law before their statements are recorded.
The Tamil National Alliance has welcomed the announcement by the government that a further twenty-three political prisoners will be released through the process of rehabilitation.