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Sri Lanka

Sri Lanka eyes major trade shift to secure US tariff concessions

The Sri Lankan government is preparing a sweeping package of economic concessions aimed at securing vital tariff relief from the United States, raising...

Sri Lanka

SC declines to rule on constitutionality of VAT Amendment Bill

The Supreme Court has informed Parliament that it has refrained from making a determination on the constitutionality of the Value Added Tax (Amendment)...

Sri Lanka

Govt. dismisses teachers’ call for tax relief on school equipment

The ruling National People’s Power (NPP) government has rejected calls for a reduction of the VAT on educational equipment to benefit all students,...