- Last Update 2025-06-21 16:16:00
Rs. 695 bln supplementary estimate to be presented in parliament
Sri Lanka’s new administration is set to present a Rs. 695 billion supplementary estimate with amendments to five tax acts in parliament to boost the revenue.
The Cabinet of Ministers has approved a proposal by Prime Minister and Finance Minister Ranil Wickremesinghe to amend five tax revenue acts to increase public revenue.
The five are - Inland Revenue Act, VAT Act, Telecommunication Levy Act, Betting & Gaming Levy Act and Fiscal Management Act.
The move is in line with the new interim government's aim of increasing public revenue to meet essential expenditure averting an economic crisis, Finance Ministry sources said.
The Government has announced an alternative relief budget as an interim measure. (Bandula)
-
Still No Comments Posted.
- June 12, 2025 - 468 - 0
Badminton: World No.2 ranked Anders to play exhibition match against Viren at MBA Courts on Friday
An exhibition badminton match between Sri Lanka’s youngest Olympian shuttler, Viren Nettasinghe, and Anders Antonsen, the World No.2 ranked in Men’s Singles, will take place at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7 on Friday (13).
- June 12, 2025 - 155 - 0
Sri Lanka condoles with families of victims of Air India crash
Sri Lanka shared its condolences with bereaved family members of the victims of the Air crash in India today.
Related Articles
An Indian passenger was arrested at Katunayake airport
- 21/06/2025 - 56 - 0
Leave Comments