Traders called upon to pay VAT only for VATable items


  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.

Monday, September 26, 2016   - 10   - 0 MORE

High Court issues notice on Attanayake


 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.

Monday, September 26, 2016   - 10   - 0 MORE

German investors, looking at CIFL investment, return home


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.

Monday, September 26, 2016   - 44   - 0 MORE

Wimal Weerawansa at FCID


UPFA MP Wimal Weerawansa has arrived at the Financial Crime Investigation Division (FCID) a short while ago.

Monday, September 26, 2016   - 18   - 0 MORE

VAT amendment delay threatens IMF’s second tranche


The disbursement of the second tranche of a IMF 1.

Friday, September 23, 2016   - 67   - 0 MORE

Customs trade unions end work-to-rule campaign


The work-to-rule campaign by Sri Lanka Customs officers has been called off this afternoon.

Friday, September 23, 2016   - 53   - 0 MORE

One killed, four injured in car-lorry crash


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.

Friday, September 23, 2016   - 201   - 0 MORE

HRC asks Government to withdraw Bill that deprives suspects of access to lawyers before statements are recorded


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.

Friday, September 23, 2016   - 122   - 0 MORE

TNA welcomes release of 23 political prisoners


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.

Friday, September 23, 2016   - 61   - 0 MORE



Sunday, September 25, 2016