The Central Bank of Sri Lanka has countered a disinformation campaign that it would be imposing taxes on inward remittance from expatriates.
The CBSL also denied that it would forcibly convert their remittances into Sri Lankan rupees.
“There are no taxes on remittances and expatriated Sri Lankans are free to hold such remittances in foreign currency form in their bank accounts or convert such remittances into Sri Lankan rupees at their discretion,” the Central Bank said in an advertisement placed in Sunday newspapers and tweeted.
CBSL said that expatriate Sri Lankans continue to enjoy the current incentives without any change whatsoever.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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