Sri Lanka’s new revenue act to include capital gains policy
Mar 23, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act is to be drafted in conformity with the announced policy design of capital gains tax, the …
Budget
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Sri Lanka COPE reveals Rs110bn loss from 15 public institutions
Feb 08, 2017 (LBO) – Sri Lanka’s Parliamentary Committee on Public Enterprises today presented its third interim report to the Parliament. The interim …
Economic development with thrust on education: Finance Minister
Jan 02, 2017 (LBO) - Sri Lanka's Minister of Finance Ravi Karunanayake says there will be sustained economic development in the new year with a thrust on …
Sri Lanka approves 2017 budget; aims to raise revenue through taxes
Dec 11, 2016 (Reuters) – Sri Lanka's coalition government on Saturday won the final vote on its 2017 budget which aims to boost revenue and cut the fiscal …
Sri Lanka’s Budget 2017 under the President
How much of the Budget 2017 is under President Sirisena? - Info-graphics by
Sri Lanka budget promotes inclusive growth: Lanka Securities
Nov 15, 2016 (LBO) - Sri Lanka's budget 2017 promotes inclusive growth with an emphasis on education, infrastructure, SMEs and incentives for business, …
Sri Lanka targets 4.6-pct budget deficit for 2017: Ravi
Nov 10, 2016 (LBO) – Sri Lanka's government unveiled its budget for 2017 that aimed to cut the budget deficit while increasing spending on education, health …
Download full budget speech 2017
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Budget 2017 *** Live Coverage ***
* Finance Minister concludes budget speech * Committee of private and public sector to ensure budget implementation * Corporate income tax to be revised to a …
Budget 2017 will rectify all anomalies: Finance Minister
Nov 09, 2016 (LBO) - Sri Lanka's Minister of Finance said that the 2017 Budget will be a pro-growth budget which will focus on the deficiencies for the last …
Low tax regime & capital allowances from 2017 budget: Sri Lankan PM
Oct 27, 2016 (LBO) – Sri Lanka’s 2017 budget proposals will include proposals to introduce a low tax regime in the island coupled with a program of capital …
Sri Lanka allocates Rs1.8tn for 2017 in Appropriation Bill
Oct 20, 2016 (LBO) – Sri Lanka’s government has allocated 1,819 billion rupees to meet the estimated expenditure requirements of next year through the …
Finance Minister obtains proposals for budget from Ceylon Chamber
Oct 18, 2016 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake recently met with the committee members of the Ceylon Chamber of Commerce to obtain …
Gammanpila’s secret may delay Sri Lanka’s VAT hike again
Oct 12, 2016 (LBO) – Sri Lanka’s joint opposition Parliamentarian Udaya Gammanpila says he is aware of a reason that will require the government to …
VAT increase will apply after Parliament approval: Prime Minister
July 11, 2016 (LBO) – The Supreme Court’s interim order issued today suspending VAT increase is not expected to have any adverse impact on the …
Sri Lanka Cabinet cancels consultancy in defence HQ project
June 23, 2016 (LBO) - Sri Lanka's cabinet has decided to cancel the consultancy given to a private firm for the construction of the defence headquarters …
Sri Lanka Central Bank clarifies reports on expenses incurred by Governor
June 06, 2016 (LBO) - Sri Lanka's Central Bank has clarified media reports about expenses incurred by the Governor. "It has been reported in the media that …
President controls smaller share of govt expenditure: Manthri.lk
Dec 18, 2015 (LBO) - Sri Lanka's President Maithripala Sirisena controls a smaller percentage of total government expenditure compared with his predecessor …
Sri Lanka’s 2016 budget passed with a majority of 107 votes
Dec 02, 2015 (LBO) – Sri Lanka parliament on Wednesday passed the second reading of the Appropriation Bill for next year by a majority of 107 votes. The 2016 …
Intercompany employees union opposes funding VCs through EPF, ETF
Nov 27, 2015 (LBO) – Sri Lanka’s Inter-company Employees Union on Thursday opposed a budget proposal to create a venture capital structure using EPF and …