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Steps are being taken to increase the interest rate of the Employees Provident Fund (EPF) from the existing 9% to 13% with effect from 2023, State Minister of Finance Ranjith Siyambalapitiya said. MORE..

28 Apr 2024 (6:22 PM)

The Ministry of Education says that the cabinet memorandum submitted regarding the removal of salary disparities and allowances of the non-academic staff of state universities will be submitted to the ministerial sub-committee. MORE..

27 Apr 2024 (8:45 PM)

The Committee of Public Finance (COPF), at its most recent meeting, has examined the effectiveness of recent tax increases on tobacco and liquor, aimed at discouraging consumption and boosting government revenue. MORE..

27 Apr 2024 (5:35 PM)

The Indian Government on Saturday said it has allowed exports of 99,500 tonnes of onions, mainly sourced from Maharashtra, to six neighbouring countries despite the ban on shipments. MORE..

27 Apr 2024 (10:04 PM)

The Secretary to the Ministry of Finance Mahinda Siriwardene has been granted a service extension of one year. MORE..

28 Apr 2024 (6:58 PM)

The 22nd ASEAN Regional Forum (ARF) Inter-Sessional Meeting on Disaster Relief was held virtually earlier this week, hosted by Vietnam and co-chaired by Bangladesh, Sri Lanka and Vietnam, and attended by 55 participants from ARF member countries. MORE..

27 Apr 2024 (4:55 PM)