Economy & Tax
Sri Lanka Budget Openness, amongst lowest ranked countries in South Asia
Sri Lanka’s budget openness in the latest survey has scored 44 out of 100, coming in next to last in South Asia, tied with Pakistan. Open…
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Economy & Tax
Economic policy, public finances, taxation and recovery.
Economy & Tax
Q4 Business Conditions Peak Since Q1: CB Report
In a surprising twist of fate, Sri Lanka’s business landscape has catapulted to levels unseen since early last year. The latest Central Bank business survey unveils…
Economy & Tax
Convince Sri Lanka of Value Added Tax – Key Insights
Amid Sri Lanka’s striving towards economic stability, VAT benefits emerge as a cornerstone of the proposed tax reform. With an eye on bolstering the tax-to-GDP ratio,…
Economy & Tax
Convincing Sri Lanka of Value Added Tax Essentials
The fiscal landscape of Sri Lanka is approaching a significant shift, with VAT implementation in Sri Lanka standing at the forefront of modernizing the nation’s tax…
Economy & Tax
country is required to resolve USD 12.5 Billion
COLOMBO (News 1st) Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal stated that the country is required to resolve USD 12.5 Billion in debt through International…
Economy & Tax
Sri Lanka VAT Rate Revision Considered for Q2
Amid its most challenging economic downturn post-independence, Sri Lanka is actively examining fiscal reforms, including a critical Sri Lanka tax policy alteration. The government’s contemplation of…
Economy & Tax
Sri Lanka’s Tax Burden to Persist Beyond Expectations
In the midst of navigating through profound economic challenges, Sri Lanka finds itself at a crossroads where extended tax imposition has become the cornerstone for financial…
Economy & Tax
Japan Commends Sri Lanka’s Economic Recovery Progress
Japan’s support for Sri Lanka has been a beacon of hope as the island nation navigates its path through the most daunting financial crisis since independence.…