- Last Update 2025-09-30 09:41:00
Govt. to partially relax vehicle import ban allowing small car imports soon
The government is to lift restrictions of vehicle imports partially allowing the motor traders to bring down small cars with engine capacity of 1000 CC and 1300 CC.
This decision will be taken in accordance with a comprehensive policy and guidelines in vehicle imports soon, a senior Finance Ministry official said.
Measures will be taken to allow motor traders to import some types of vehicles including private cars as the country was losing around Rs.300-Rs 450 billion in import tax revenue per year since March 2020, he said.
The new vehicle importation policy has been devised by a special committee appointed by President Ranil Wickremesinghe.
The new vehicle policy and guidelines will enable to lift the ban on private cars by considering the foreign exchange out flow as a percentage of other imported items, and the general demand for automobiles.
The Vehicle Importers’ Association said that they are ready to import motor cars following discussions with authorities to formulate new laws or regulations with regard to vehicle importation.
Meanwhile Sri Lanka vehicle spare parts traders complained that the prices of spare parts will increase by Rs 300-600 due to VAT hike of 18 per cent from 15 percent with effect from this month. (Bandula)
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- September 25, 2025 - 252 - 0
Seven Buddhist monks killed in accident at Na Uyana Monastery
The number of Buddhist monks who were killed following the accident at the Na Uyana Theravada Buddhist Monastery (Na Uyana Aranya Senansenaya) in Pansiyagama, Melsiripura, Kurunegala currently stands at nine , with four injured, Minister of Buddhasasana, Religious and Cultural Affairs Prof. Hiniduma Sunil Senevi told Parliament this morning. He revealed that two of the injured Buddhist monks are being treated at the Intensive Care Unit (ICU
- September 20, 2025 - 231 - 0
Heavy damages caused to shops in Pettah due to fire
Several shops were damaged in a major fire that broke out in a shop on the third floor of a building at First Cross Street in Pettah, Colombo, today evening.
- September 25, 2025 - 180 - 0
President calls for urgent attention on inequality and poverty
President Anura Kumara Dissanayake, addressing the 80th session of the United Nations General Assembly, said that both inequality and poverty ought to be regarded as a worldwide catastrophe that requires urgent attention.
- September 23, 2025 - 170 - 0
Opposition renews forensic audit demand after e-visa verdict
The opposition has renewed its demand for a long delayed forensic audit into the controversial e-visa deal, following the sentencing of former Controller General of Immigration, Harsha Ilukpitiya, for contempt of court.
- September 20, 2025 - 149 - 0
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