EPF & ETF will not be subjected to Surcharge Tax: Finance Minister Basil Rajapaksa

Finance Minister Basil Rajapaksa has informed the Cabinet of Ministers that the Employees Provident Fund and the Employees Trust Fund are not included in the 2022 budget proposal regarding the imposition of a 25% surcharge tax on individuals and companies with a net profit of over Rs. 2000 million for the year 2021.

LBO

2022-02-14

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November 2024 Fuel Price Update: Market Prices Hol...

Following the monthly fuel price revision on 01 November 2024, the market price of 92-octane petrol and the market price of auto diesel remained unchanged. However, the cost-reflective fuel formula prices decreased by LKR 2.02, while the for...

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SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

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SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

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