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Year: 2025

1294 Articles
Sri Lanka

Govt rejects claims on tax reduction

The government has refuted claims on social media which indicated it has proposed tax reductions in the 2025 budget. Speaking in Parliament during...

Business

Entrepreneurs raise concerns over budget 2025 proposal on private sector salary hike

The Sri Lanka United Businesses Alliance (SLUBA) has voiced concerns over the government’s proposal to increase private sector salaries, arguing that such an...

Sri Lanka

Distributors warn of potential closures of fuel stations

The Petroleum Dealers’ Association has raised serious concerns over the potential reduction of the three percent discount currently received by fuel distributors, stating...

World

Billion Indians have no spending money – report

India is home to 1.4 billion people but around a billion lack money to spend on any discretionary goods or services, a new...

Sri Lanka

Opposition criticizes Govt’s 15% forex earning tax on IT professionals and freelancers

Samagi Jana Balawegaya (SJB) MP Mujibur Rahman expressed concern in Parliament on Tuesday over the government’s recent decision to impose a 15% tax...

Sri Lanka

Government shifts tax burden to the public while exempting large corporations

The 2025 budget has shifted the financial burden onto the general public, including small businesses, while completely exempting large-scale companies, the Frontline Socialist...

Business

Sri Lanka seeks to adopt digital tools to enhance trade opportunities under SAFTA

The Committee on Ways and Means has highlighted the crucial role of small and medium-sized enterprises (SMEs) in boosting exports under the South...

Sri Lanka

Acting IGP vs Police Commission: Dispute over police transfers reaches Constitutional Council

The ongoing conflict between the National Police Commission and Acting IGP Priyantha Weerasuriya over the transfers of Police OICs has escalated to the...

Sri Lanka

Indian fishermen continue to poach in Sri Lankan waters

The Sri Lanka Navy seized 05 Indian fishing boats and apprehended 32 Indian fishermen while they were poaching in Sri Lankan waters, during...

Sri Lanka

BASL condemns extrajudicial killings, urges intervention into recent custodial deaths

The Bar Association of Sri Lanka (BASL) has strongly condemned extrajudicial killings, stating they are never a solution to rising criminal activity. In...