It was revealed at the Committee on Public Accounts (COPA) that cases have been filed by the Inland Revenue Department (IRD) in the Colombo Magistrate’s Court to recover Rs 2.67 billion in tax arrears from casinos. 

It was revealed at the Committee on Public Accounts (COPA) held in Parliament recently that the Inland Revenue Department (IRD) had received 6,878 dishonoured cheques worth Rs.240 million (Rs.2,451,465,383), as at December 31, 2020.The Committee directed the IRD officia...

The Colombo Municipal Council (CMC) had incurred a loss of Rs. 320 million from a contract awarded for collecting and transporting garbage, JVP Municipal Councilor Hemantha Weerakoon said yesterday.

The World Bank yesterday signed agreements with the Government to boost key socio-economic infrastructure and development with fresh funding of $ 139 million (nearly Rs. 28 billion). http://www.ft.lk/front...