Sri Lanka to prepare 2018 budget on performance basis
July 05, 2017 (LBO) – Sri Lanka’s Finance Ministry is to prepare budget 2018 in line with performance-based budgeting according to the midterm budget …
Sri Lanka Chamber welcomes budget 2015
Oct 27, 2014 (LBO) –Sri Lanka’s Ceylon Chamber of Commerce welcomes the ‘National Budget of 2015’ which is presented to the …
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015
Oct 25, 2014 (LBO) – Sri Lanka President suggested to reduced value added tax to 11 percent and limited payee tax to 16 percent, thought the budget …
Sri Lanka to reduce water chargers: Budget 2015
Oct 25, 2014 (LBO) – Sri Lanka budget 2015 suggests to reduce the chargers of the first 25 units of household water supply by 10 percent. Also budget …
Sri Lanka government is to allocate 15,000 million rupees for irrigation projects: Budget 2015
Oct 25, 2014 (LBO) – Sri Lanka’s government to allocate 15,000 million rupees to develop irrigation system in the Island, President Mahinda …
Sri Lanka small medium tea planters subsidy increased: Budget 2015
Oct 25, 2014 (LBO) – Sri Lanka government to increase replanting subsidy to small medium tea planters from 875,000 rupees to one million rupees per acre, …
Sri Lanka to increase certified price for rubber: Budget 2015
Oct 25, 2014 (LBO) – Sri Lanka President in his capacity as the Minister of Finance said the government is expecting to increase the certified price for …
Sri Lanka super markets to maintain VAT and NBT but Small Businesses exempted
Oct 25, 2014 (LBO) – Sri Lanka president suggested the super markets to maintain value added tax (VAT) and national building (NBT) tax as at 100 million …
Sri Lanka’s 2015 budget LIVE streaming
Oct 24, 2014 (LBO) – Sri Lanka’s President Mahinda Rajapaksa in his capacity as the Finance Minister currently delivers 2015 budget in …
Sri Lanka paddy farmers to benefit from budget 2015
Oct 24, 2014 (LBO) – Sri Lanka paddy farmers to get seed paddy free of charge in the budget 2015, President Mahinda Rajapaksa said, in his capacity as …
Sri Lanka budget 2015 gives special attention to kidney patients
Oct 24, 2014 (LBO) – Sri Lanka’s hospitals located in Anuradhapura and Hambantota to have special units to diagnose and treat kidney diseases, …
Sri Lanka government to increase the govt servants remuneration: Budget 2015
Oct 24, 2014 (LBO) – Sri Lanka’s government to increases monthly salary of the state sector employees to minimum 15,000 rupees, President Mahinda …
Sri Lanka President suggests a minimum salary for private sector: Budget 2015
Oct 24, 2014 (LBO) – Sri Lanka president suggests to uplift the minimum salary of a private sector employee to 10,000 rupees from January 2015. He also …
Sri Lanka to increase EPF payment: Budget 2015
Oct 24, 2014 (LBO) – Sri Lanka’s Employee’s Provident Fund (EPF) payment from the employer to be increased to 14 percent, President Mahinda …
No tax changes for liquor and tobacco: Budget 2015
Oct 24, 2014 (LBO) – Sri Lanka President said that there will be no changes in the tax for liquor and tobacco due to the tax hike the government maid …
Sri Lanka state airlines to get $ 150 mn for further development: Budget 2015
Oct 24, 2014 (LBO) – Sri Lanka state airlines, SriLankan and Mihin air to get 150 million US dollars in year 2015 as the last phase for the development …
Sri Lanka’s Ceylon Chamber expects budget proposals to be in line with the development agenda of the government
Oct 23, 2014 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce expects the ‘National Budget of 2015’ will be in line with the …
Sri Lanka’s 2015 budget is not targeted at elections: Treasury Secretary
Oct 09, 2014 (LBO) – Sri Lanka’s budget for the year 2015 is more towards development rather than catering to mere election purposes, Treasury …
Bankers’ fear that deemed dividend tax may hurt capital of Sri Lankan banks
Nov 21 (LBO) – A controversial tax to force Sri Lankan companies to pay dividends would undermine the health of the commercial banks by depleting their …
Sri Lanka monetary policy slammed at economists’ parley for feeding a credit bubble, inflation
November 21 (LBO) – Sri Lanka’s loose monetary policy came under fire at a gathering of top economists and business leaders in the country, with …