Surcharge Tax Bill gazette in House

The Budget 2022 proposes to impose a one-off 25 percent surcharge tax on individuals or companies earning taxable income more than Rs.2,000 million for the assessment year 2020/2021. The Attorney General’s clearance has been received for the Surcharge Tax Bill prepared accordingly by the Legal Draftsman.

Daily News

2022-02-02

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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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