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The government has proposed to remove the Special Commodity Levy on imported coconut oil and palm oil and implement the general tax structure including Value Added Tax. MORE..

7 Nov 2025 (6:53 PM)

President Anura Kumara Dissanayake says the issuance of vehicle permits for Members of Parliament will not be issued in future. MORE..

7 Nov 2025 (6:33 PM)

Hundreds of flight cancellations spread across the U.S. on Friday as airlines began complying with the Federal Aviation Administration s unprecedented order to reduce service nationwide because of the government shutdown. MORE..

8 Nov 2025 (1:32 AM)

The government has decided to reduce the annual turnover threshold for the registration of Value Added Tax and Social Security Contribution Levy from Rs. 60 million to Rs. 36 million. MORE..

7 Nov 2025 (7:00 PM)

President Anura Kumara Dissanayake, in his capacity as Minister of Finance, presented his second Budget Speech in the Parliament today (Nov. 7). MORE..

7 Nov 2025 (7:23 PM)

The government has proposed to charge the social security contribution levy at the time of import or manufacture and sale of vehicles, and exempt it tax at the time of after-sales. MORE..

7 Nov 2025 (7:08 PM)