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By SHIHAR ANEEZ Tens of thousands of Sri Lankan individuals as well as corporates have to cut spending and investment from January as steep income tax rates come into force to finance a bloated state amid 65 percent inflation and turnover tax hikes that had already depleted disposable incomes. The higher income taxes are coming in […]
- Sri Lanka gambles on tax hikes; downside risks seen than gains (Category: Breaking News)
- Sri Lanka expands state workers 11-pct under revenue based fiscal consolidation (Category: Breaking News)
- Death and taxes: inevitabilities of life (Category: Breaking News)
- Budget, Taxation Turmoil and Policy Blunders – Part II (Category: Breaking News)
Ronnie de Mel’s contribution undervalued, corruption later gnawed at its vitals Excerpted from volume two of Sarath Amunugama’s autobiography One of the spectacular achievements of the Jayewardene regime was the completion of the accelerated Mahaweli Development scheme. The Ceylon National Congress and its successor the UNP under the Senanayakes paid special attention to the development […]
- Kalkudah to Arugam Bay and some canny decision making by JRJ (Category: Breaking News)
- President Ranil emphasizes commitment to expedite Eastern Development Project (Category: Breaking News)
- Courting Parthasarathy for JRJ, equation changes after Indira’s assassination (Category: Breaking News)
- Gamini Dissanayake commemorated (Category: Breaking News)
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