The Special Commodity Levy (SCL) on imported sprats and Maldive fish will be reduced to Rs. 10 per kilogram from November 13, 2026, as part of measures to ease the cost-of-living burden on consumers, President Anura Kuma

The Tourism Development Levy (TDL), imposed under the Finance Act No. 25 of 2003, will be abolished with effect from April 1, 2027, under the 2027 Budget proposals.

The Ports and Airports Development Levy (PAL) imposed on imported newsprint and batteries used for solar energy storage will be removed with effect from January 1, 2027, under the 2027 Budget proposals.

The Special Commodity Levy (SCL) on several essential food imports, including sprats, Maldive fish, dried chillies and sugar, will be revised with effect from November 13, 2026, under the 2027 Budget proposals.

The basis for calculating Value Added Tax (VAT) on cinema tickets will be revised, with the tax liability of film producers, distributors, the National Film Corporation and cinema operators determined according to their

Books and several categories of printed material, including exercise books, dictionaries, encyclopedias and children’s picture books, will be exempted from Value Added Tax (VAT) under proposed amendments to the VAT Act,

Pensioners who retired between 2020 and 2024 will receive a monthly interim allowance of Rs. 2,500 from July 1, 2027, until the proposed pension revision under the 2025 basic salary structure is implemented, President An

President Anura Kumara Dissanayake presented Sri Lanka’s Budget 2027 in Parliament, outlining the Government’s economic priorities, proposed tax reforms, public sector salary increases and development plans for the year

The Government has announced plans to strengthen the use of Sri Lanka’s mineral resources to develop industries and increase their contribution to the domestic economy.

The Government has proposed an allocation of Rs. 100 million to improve facilities at the Sigiriya Domestic Airport, including its passenger terminal, to promote tourism in the area.

The government has outlined its major spending priorities for 2027, covering education, healthcare, transport, agriculture, housing, public services and socialContinue Reading The post Budget 2027: Full breakdown of key

President Anura Kumara Dissanayake presented Sri Lanka’s 2027 Budget in Parliament, outlining the government’s economic priorities, tax reforms, public sectorContinue Reading The post Full Budget 2027 speech delivered by

  The government has proposed granting dual citizenship free of charge to spouses, children and third-generation descendants of Sri LankansContinue Reading The post Free dual citizenship proposed for spouses, children &

The government has proposed several relief measures for public sector employees under Budget 2027, including salary increases, higher allowances andContinue Reading The post Budget 2027: Salary increases and higher allow

The government plans to recruit approximately 110,000 additional employees to Sri Lanka’s public service as part of efforts to fillContinue Reading The post Budget 2027: Government plans to recruit another 110,000 public

The government has proposed removing Value Added Tax (VAT) on school exercise books, textbooks and several other printed educational materialsContinue Reading The post Budget 2027: What are the key VAT changes? Full deta

President Anura Kumara Dissanayake has proposed awarding Rs. 100 million to Sri Lankan athletes who win Olympic gold medals, asContinue Reading The post Rs. 100 million proposed for Olympic gold medal winners under 2027

The government has proposed further personal income tax reductions under the 2027 Budget, including an increase in the tax-free incomeContinue Reading The post Budget 2027: Personal income tax cuts announced appeared fir

The government has proposed increasing the monthly personal income tax-free threshold from Rs. 150,000 to Rs. 162,500 under the 2027Continue Reading The post Budget 2027: PAYE tax-free threshold to rise to Rs. 162,500, f

President Anura Kumara Dissanayake has proposed allocating Rs. 117,300 million for the development of several expressway projects across Sri LankaContinue Reading The post More than Rs. 117 billion allocated for expressw

As Sri Lanka’s trusted dishwashing brand, Vim continues to evolve with the changing needs of consumers, delivering innovative solutions that make everyday kitchen cleaning easier and more enjoyable. Strengthening its com

11TH SINGER –MCA SUPER PREMIER T20 TOURNAMENT Citizens Development Business Finance [CDB] and Hatton National Bank [HNB] ‘A’   qualified for the final of the 11th Singer MCA Super Premier T20 Tournament. In the semifinal

WEATHER FORECAST FOR 12 NOVEMBER 2026 Issued at 05.30 a.m. on 12 November 2026 by the Department of Meteorology Misty conditions can be expected at some places in the Western, Sabaragamuwa, Central and Uva provinces and

Opposition considers international appeal By Shamindra Ferdinando The SJB yesterday (11) acknowledged that the no-confidence motion against Speaker Dr. Jagath Wickramaratne, handed over to Secretary General of Parliament

Ven. Balangoda Kassapa and two other monks, who had been staging a satyagraha near the Ruwanweliseya, in Anuradhapura, began a fast unto death at the site yesterday morning. They launched the hunger strike demanding the

President Anura Kumara Dissanayake, in his capacity as the Finance Minister, will present the Budget this afternoon (12). The Budget debate will be held over 26 days, from November 13 to December 14. Parliament is schedu

Anuradhapura Additional Magistrate D.L. Samarasinha has ordered Mihintale Police to conduct a comprehensive investigation into the fatal road accident in Rabawewa and submit a report to court. The order was issued after

By Ifham Nizam Investigations into a controversial consignment of concentrated nitric acid, detained by Sri Lankan authorities, have reportedly uncovered additional barrels, beyond the four containers initially brought u

Dhananjaya de Silva answered his critics with the bat and Kusal Mendis led from the front as Sri Lanka hauled themselves off the ropes to leave Pakistan toiling on the third day of the opening Test in Rawalpindi. The for

Dialog Axiata PLC announced its consolidated financial results for the nine months ended 30 September 2026 on Tuesday, 10 November 2026. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Di

President and Finance Minister Anura Kumara Dissanayake is expected to present an investment-oriented 2027 Budget in Parliament today, with some relief for masses impacted by the tough stabilisation measures of the past

A renewed call for integrity, excellence and solidarity within the legal profession took centre stage at a women lawyers rsquo; gathering held in Hulftsdorp last week, where Supreme Court Justice Kumuduni Wickremasinghe

lt;strong gt;By Niranjala Ariyawansha nbsp; nbsp; lt;/strong gt; Although the war in West Asia will have a significant impact on the Sri Lankan economy both in the short as well as long-term, Sri Lanka can control the ec

lt;strong gt; lt;em gt;Pix and text by K R Rajamanthri nbsp; nbsp; lt;/em gt; lt;/strong gt; A new ward is being constructed to serve communities in the Uva Paranagama area and parts of the Central Province, replacing th

lt;p align= quot;center quot; gt; lt;strong gt; nbsp; lt;/strong gt; lt;/p gt; lt;ul gt; lt;li gt; lt;strong gt;Third shipment fails nbsp;quality test nbsp; lt;/strong gt; lt;/li gt; lt;li gt; lt;strong gt;None so far ha

lt;strong gt;By Jayani Madawla lt;/strong gt; The prevailing heatwave that Sri Lanka is experiencing is expected to continue through mid-May according to the Department of Meteorology. Experts warn that the situation cou

lt;strong gt;By Ranjith Padmasiri nbsp; lt;/strong gt; Former Director General of the Land Reform Commission (LRC) Liyanage Padmasiri has acknowledged that a statement he made claiming Kandy District MP Chamindrani Kirie