ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes. The government has raised Value Added Tax (VAT), an indirect tax to 18 percent from 15 percent with effect from January 1. The move also will see some VAT […]

Today, the collective misery we experience as a society has nothing positive to show for the promotion of the so-called ‘positive thinking’, which encourages us to rise individually, and not collectively as people. Positive thinkers, who are dime a dozen, flourish in market-oriented, consumerist societies where ill-mannered rulers and their business cronies feed on millions […]