Tax Gains
Deferring the Value Added Tax for another month will not put a strain on state revenues as the government is reaping an unexpected windfall through the 10 …
Banking and Finance
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Double Entry
Union Bank officials are presently talking to Central Bank and other key officials to clinch the deal.rnrnldblquote Sri Lanka was always in our radar. With the …
Olive Branch
ldblquote On a Prime Ministerial directive, we are going to take off all old tax files after a certain date. This will be an incentive to tax evaders to start …
SLIC Sale
The Public Enterprises Reform Commission (PERC) is to call for Expressions of Interests (EOIs) to dispose the government quote s controlling stake in Sri Lanka …
Affinity With Nalanda
The use of the Nalanda College Affinity Card by cardholders will help expedite the construction work of the proposed sports complex for the school because each …
Choppy Ride
The 0.1 percent tax will be slapped on travellers cheques, certificates of deposits and current account balances over Rs. 10,000.rnrnBut the Bankers …
Home Banking
Marking their first year in operations, Ceylinco Savings Bank commenced a home banking
Crossroads
Opening the two-day parley, Central Bank Governor Amarananda Somasiri Jayawardena said the 27-year old clearing system is at the cross road and its eight …
Pushing Ahead
"The government is interested in getting one (rating) as it will bring in financial discipline and also be a benchmark for local companies to raise money …
Scanning Cheques
Cheque imaging or cheque truncation as it is known, enables cheques to be scanned before directing it to the relevant banks electronically. rnrnldblquote …
Opposite Direction
The withholding tax on interest income is having reversal effect on treasury instruments, with the government effectively paying the tax up front at the time …
Cleaning Up
The introduction of the Code of Best Practice for Audit Committees will require auditors to be more transparent with their fees, and the reporting of conflicts …
Strategising
Brokers say that the buyer is looking for a strategic stake in Richard Peiris and perhaps the management of the company. online pharmacy buy ciprodex with best …
Reformists Rule
The Chamber believes that the re-introduction of private sector managed schemes would increase the benefits to its stakeholders and the capital market. online …
Fuss Over Nothing
The analysis follows the long standing criticism that commercial banks resort to parate executions extensively, killing the entrepreneur sprite in the country. …
Unlocked
Foreign companies can now invest up to 100 percent of the equity capital of financial sector companies, free of exchange controls, the Central Bank said in a …
Loosening Up
Recently, several commercial banks have pointed out the severe restrictions imposed by the forex holding limit, impedes the growth of a local derivatives and …
New Look NDB
NDB is also planning to diversify its leasing business to under-banked Maldives with the expectation of boosting its forex earnings. online pharmacy buy …
Dressing Up
A steering committee set up under the aegis of the Finance Ministry is also scouting for restructuring expertise to help guide the process. online pharmacy buy …
P2P
Peer Review is a popular practice in developed markets, where the auditing industry ensures that best practice is maintained by subjecting the audits carried …