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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)

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)

James Watson, a renowned molecular biologist and one of the Nobel Prize winners for discovering the structure of DNA, died Thursday after a brief illness, according to a statement from his former employer. MORE..

8 Nov 2025 (8:44 AM)

The government has allocated Rs. 100 million to conduct a comprehensive study on the potential economic benefits of Sri Lanka s blue economy, recognizing its vital role in national prosperity and sustainable development, President Anura Kumara Dissanayake stated. MORE..

7 Nov 2025 (6:35 PM)

President Anura Kumara Dissanayake today (07) presented the 2026 budget speech in Parliament, the second of the National People s Power-led government. MORE..

7 Nov 2025 (7:35 PM)

President Anura Kumara Dissanayake, presenting the 2026 Budget, announced plans to strengthen the public transportation sector by adding 600 buses to the long-distance service fleet operated by the Sri Lanka Transport Board (SLTB). MORE..

7 Nov 2025 (7:05 PM)