Realistic budget but concern on growth & implementation: Ceylon Chamber

Mar 07, 2019 (LBO) – The Ceylon Chamber of Commerce says that the GDP growth estimates provided in the budget speech, for the period from 2019-2024 are of concern as it only expects growth to gradually rise from 3 percent in 2018 to 4.8 percent by 2024. “The growth estimates for this period is not […]

Sri Lanka Budget 2019: Overview of key taxation proposals

Mar 06, 2019 (LBO) – Sri Lanka’s budget 2019 estimates total revenue and grants of 2,464 billion rupees against a total estimated expenditure of 3,149 billion rupees. The resulting budget deficit of 685 billion rupees is expected to be financed by foreign financing of 55 billion rupees and domestic financing of 630 billion rupees. All […]

Budget 2019: Download Full Budget Speech

DOWNLOAD: http://www.lankabusinessonline.com/wp-content/uploads/2019/03/BUDGET-2019-Final-1.pdf [pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2019/03/BUDGET-2019-Final-1.pdf” title=”BUDGET 2019 Final (1)”]

Sri Lanka Budget 2019: Watch Live Stream

Live coverage ended. Please refer to related stories … Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation proposals Sri Lanka revises excise duty, implements luxury tax on motor vehicles Budget 2019 will empower people and nurture poor: Fin Min

Sri Lanka Budget 2019 – Live Coverage

Live coverage ended. Please refer to related stories … Budget 2019: Download Full Budget Speech Sri Lanka Budget 2019: Overview of key taxation proposals Sri Lanka revises excise duty, implements luxury tax on motor vehicles Budget 2019 will empower people and nurture poor: Fin Min

CA Sri Lanka budget seminar 2019 to evaluate economic and tax perspectives

The annual budget seminar organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will evaluate the economic and tax perspectives arising from the National Budget and will also feature a host of speakers and panelists representing the private and public sectors who will share their thoughts at the seminar on 09th […]

Budget 2019 will empower people and nurture poor: Fin Min

Mar 05, 2019 (LBO) – Sri Lanka’s Budget – 2019 will focuses on Enterprise Sri Lanka empowering the people and nurturing the poor, the Finance Ministry said. Finance Minister Mangala Samaraweera will present the Government’s delayed Budget for 2019, today. The Finance Ministry has outlining its targets said it plans to increase public revenue to 17 […]

Finance Minister makes final touches to Budget 2019

The Minister of Finance Mangala Samaraweera is in deep conversation with the Treasury Secretary Dr. R.H.S. Samaratunga to make the final touches to the Budget 2019 at the Minister’s “Rainbow End” private residence at Gorakana, Panadura. Minister Mangala Samaraweera will commence the Budget Speech at 1.30 pm on Tuesday in the Parliament.

IMF reaches understanding at staff level to extend EFF for an additional year

Mar 01, 2019 (LBO) – A staff team from the International Monetary Fund (IMF) has reached an understanding at the staff level with the Sri Lankan authorities on the fifth review and the request to extend the Extended Fund Facility (EFF) arrangement for an additional year. Accordingly, the remaining disbursements will be evenly spread over this […]

Ceylon Chamber of Commerce seminar to analyze national Budget 2019

Feb 27, 2019 (LBO) – Ceylon Chamber of Commerce will hold its annual National Budget seminar on 7th March 2019 that will discuss the implications of key policy changes in Budget 2019 and if it will be positive towards enhancing investments to strengthen Sri Lanka’s economic future.This seminar serves as an important opportunity for the business […]

Eminent lawyer K Kanag-Isvaran highlights need for Tax Ombudsman

Feb 07, 2019 (LBO) – President’s Counsel Dr. K. Kanag-Isvaran, who is one of the country’s most respected lawyers highlighted the need for a “Tax Ombudsman” in Sri Lanka. He highlighted this delivering the keynote speech at the 22nd Annual Tax Oration of CA Sri Lanka on “The Tax Collector and The Rights of the […]

Appropriation Bill for 2019 presented in parliament

Feb 05, 2019 (LBO) – The Appropriation Bill for the year 2019 was presented in parliament by Minister Gayantha Karunathilaka, Tuesday. The Cabinet in early January approved the Appropriation Bill for 2019 with an annual expenditure of Rs 4,470 billion with the Ministry of Defence secured the highest allocation of 393 billion rupees. The Ministry of Education […]

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