Sri Lanka has issued a gazette notice taxing mackerel at 6.00 rupees a kilogram while taxing kurakkan at 70 rupee a kilogram. htt...

It has been decided to increase the monthly benefits granted to MPs, while each MP is also set to be provided with an insurance cover worth Rs 1 million. A proposal to this effect had been submitted by Speaker Mahinda Yapa Abeywardene to the Select Committee on Parliame...

Sri Lanka’s current administration is under fire after sugar taxes were cut to 25 cents from 50 rupees a kilo when one trader in particular had imported unusually large volumes of sugar and sold them far above the cleared price, arbitraging the taxes... The opposition charged that a large c...

The first COPE report of the first sessions of the present Parliament which was tabled in the House has revealed that there has been serious weaknesses in the process of evaluating bids by the Lanka Coal Company Ltd., for purchasing coal, causing huge losses while procu...