Experts say the government is so desperate for money, that it is resorting to extreme and radical ways to raise funds, resulting in a lack of confidence in administration by the business community and ordinary taxpayers alike. Old tax files are being reopened and Inland Revenue (IR) officers are constantly checking hotels to find out who’s booking the main hall for weddings and other receptions, a method which is likely to send genuine taxpayers underground.

Several parties including the Sri Lanka Insurance Corporation (SLIC) and Softlogic Group are vying for 82 percent of Asha Central Hospital, held by Euroam Management Services (Pvt) Ltd (EMSPL), widely believed to be controlled by Dr. Neville Fernando and family, industry sources said.

Remember the old adage - two wrongs don’t make a right-
Well the reverse is happening just as local newspapers and international news agencies chronicle and regale readers across the globe with the mercedez benz drama. Never has a car become such a hot topic that it has to dominate press conferences by political parties from all sides of the fence.

Sri Lanka’s tea industry is supported by the industry players themselves through the Cess that is collected at the export point which is expected to finance the industry. Four rupees per kilo of export is all the Cess that the government collects from the exporter.