- Last Update 2026-04-03 17:05:00
SL & Austria to sign double taxation prevention agreement
The Cabinet has approved the signing of a convention between Sri Lanka and Austria designed to prevent double taxation and address tax evasion.
The convention, covering taxes on income and capital, was drafted and agreed upon after discussions between the tax authorities of both countries.
Under the agreement, Sri Lanka will impose a tax rate not exceeding 10% on interest and goodwill.
The Cabinet has approved the President's proposal, in his role as Minister of Finance, to sign the convention and submit it in accordance with the Inland Revenue Act No. 24 of 2017.
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50 more Forests declared under Wanaspati programme
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
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Water cuts commence from today in Colombo district
The National Water Supply and Drainage Board (NWSDB) warned that water supply restrictions would be imposed from 8.00pm today in Colombo District from today onwards
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Temperature set to increase to ‘Caution level’
The meteorology department issuing a warm weather advisory for today that the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Western, Sabaragamuwa, Southern, North-western, Northern and North central provinces and in Monaragala district.
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