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The Inland Revenue Department yesterday (21) issued the list of goods and services that would be exempted from the enhanced Value Added Tax (VAT) regime that comes into effect from 01 January 2024. The list of items included Wheat and wheat flour; infant milk powder; Pharmaceutical Products and Drugs (other than cosmetics) whose end use […]
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Zionism plus impunity: By Bishop Duleep de Chickera When the Secretary General of the UN, condemned the Hamas attack of 7/10 and cautioned the world to see it in context, he came under harsh criticism from Israel. But he was right. It is misleading to enter a conflict in the middle of the story. The […]
- Palestine & Israel: Historical, Legal & Moral Issues (Category: Breaking News)
- 75 Years On: The Shameful Legacy Of The ‘Palestinian Nakba’ Continues! (Category: Breaking News)
- BIDEN’S COURAGEOUS VISIT TO ISRAEL ENDS IN ALMOST COMPLETE FAILURE (Category: Breaking News)
- Futility Of A ‘UN Day Of Palestinian Solidarity’ – In A World Carrying Its Past Guilt! (Category: Breaking News)
[An article based on the Keynote Address delivered by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, recently at the Annual Research Symposium 2023 of the University of Colombo] Introduction Inflation affects every aspect of our lives; it is a force that shapes our purchasing power, influences our financial decisions, and […]
- Nexus between money, exchange rate, money printing and inflation (Category: Breaking News)
- ‘SL’s inflation reduced to single digit levels in 2023 along with restoration of price stability’ (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- CB eases monetary conditions by reducing its interest rates (Category: Breaking News)
[…]The post Sri Lankan Media Miserably Failed To Cover Israeli Genocide In Gaza appeared first on Colombo Telegraph.
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- ICJ Ruling On Israeli Genocide In Gaza; Stopped Short Of Ordering A Ceasefire (Category: Breaking News)
- Isn’t It Time For Sri Lanka To Expel Israelis? (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe has urged all political leaders to exhibit responsibility in their approach to the International Monetary Fund (IMF) program.The post Sri Lanka President calls for proposals from opponents of IMF program to rescue country from financial crisis appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- The President desires to make the most of the development opportunities in the Indian Ocean regi... (Category: Breaking News)
- Rupees 1,500 million allocated for ‘Greater Kandy Urban Development Program’ – State Minister fo... (Category: Breaking News)
- Sri Lanka will not allow anything harmful to India’s security – President Ranil (Category: Breaking News)
- Having Proper plan to strengthen Sri Lanka’s economy is important – President (Category: Breaking News)
By Shamindra Ferdinando Chairman of the Committee on Ways and Means Patali Champika Ranawaka on Tuesday (12) alleged that the Finance Ministry had allowed the operation of a distillery in spite of that company failing to pay taxes. The former minister said that the country lost millions for want of political will to recover what that company owed […]
- Govt. MP slams Finance Ministry over gaping holes in tax collection system (Category: Breaking News)
- Corrupt elements use Parliament, Finance Ministry to evade taxes (Category: Breaking News)
- Parliament flays FM, etc., for revenue shortfalls: Siyambalapitya says situation not properly as... (Category: Breaking News)
- Accusations reiterated, explanation sought from FM (Category: Breaking News)
How come royalty on foreign players replaced with additional Rs 50 charge on a litre of fuel? by Shamindra Ferdinando Convenor of the Samagi Joint Trade Union Alliance Ananda Palitha yesterday (12) said that the Wickremesinghe-Rajapaksa government was planning to impose VAT on fuel already subjected to several taxes amounting to Rs 75, an extremely […]
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- Govt. increased fuel prices to please Sinopec – Trade unionist (Category: Breaking News)
- Fuel prices reduced from midnight yesterday (Category: Breaking News)
- Kanchana admits consumers charged Rs. 50 per litre of fuel to settle USD 700 mn Indian loan (Category: Breaking News)
By Rathindra Kuruwita Dissident Sri Lanka Freedom Party (SLFP) MP, Dayasiri Jayasekera, has expressed concern over a potential 50% drop in the revenue of the Ceylon Petroleum Corporation (CPC) due to the entry of foreign companies into the petroleum market. Jayasekera highlighted the adverse impact of the policies of successive governments on the CPC. “The […]
- It’s alright for new foreign fuel retailers to undercut CPC in pricing productsBy Rathindra Kuru... (Category: Breaking News)
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- Govt.’s strong-arm tactics bound to fail, say petroleum unions (Category: Breaking News)
- CPC leaves shed owners in limbo (Category: Breaking News)
by Harim Peiris As we approach the end of 2023 and with about a year to go for the next presidential election due before end 2024, President Ranil Wickremesinghe’s frequent refrain and indeed the rationale for his administration is the revival of the national economy after it was spectacularly destroyed by his predecessor’s administration, ironically […]
- UNDP and LKI Propose a ‘Blue Economy’ Approach for Sri Lanka’s Economic Development (Category: Breaking News)
- IMF should oppose restrictions on Freedom of Expression, Civil Society Groups (Category: Breaking News)
- Japan funds UNDP-led anti-corruption initiative, pledges about one million USD (Category: Breaking News)
- IMF Executive Board approves US$3 Billion under the Extended Fund Facility arrangement for Sri L... (Category: Breaking News)
[…]The post Climate Colonialism At CoP 28: Carbon Laundering Via Green Bondscams? appeared first on Colombo Telegraph.
- Greenwashing Bond Scams & Financializing Mother Nature: Climate Science Fiction Versus Local Rea... (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- Pelosi’s Pivot As Cold War & Colonialism Rebound: Blue-Greenwash In The Indian Ocean (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
What has been widely described as the “historic” Supreme Court judgment which by a majority 4-1 decision of a five-judge bench held the Rajapaksa brothers, Mahinda, Gotabaya and Basil and other unelected officials including two past Governors of the Central Bank, a former Secretary to the President, a former Treasury Secretary and some members of […]
- SLPP convention on Dec. 15 (Category: Breaking News)
- Two ex-Presidents say people will find it impossible to live under new VAT regime (Category: Breaking News)
- Mahinda pledges support for President Ranil (Category: Breaking News)
- No expectation of returning to power, says Mahinda Rajapaksa (Category: Breaking News)
Heavy fighting has broken out across the Gaza Strip, as the Israeli military resumed combat operations against Hamas after efforts to extend the truce failed. The resumption of hostilities came at about 7am local time (05:00 GMT) on Friday, as the deadline for the end of the week-long pause passed. Israeli air strikes have been […]
- Hamas delays hostage release accusing Israel of breaking truce deal (Category: Breaking News)
- Israel-Hamas truce in Gaza extended for two days, Qatar says (Category: Breaking News)
- 14 Israeli hostages, 42 Palestinian prisoners to be released today under truce deal (Category: Breaking News)
- Netanyahu, Hamas chief indicate deal on Gaza truce and hostages is close (Category: Breaking News)
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