- Last Update 2025-05-14 19:07:00
Inland Revenue Dept. seeks Treasury assistance to resolve Rs 100 bn loss
The Inland Revenue Department has written to the Treasury seeking to resolve its Rs 100 billion loss this year, a senior official told Times Online.
According to the official, the main reasons behind the massive loss were centered on the reduction in imports and the Easter Sunday attacks.
The official explained that the concessions given to hotels over their loans and interest payments by the government after the attacks have indirectly affected their earnings.
In a bid to revive the tourism industry, hoteliers were granted concessions by the government after the terrorist bombings in April.
In addition, the senior official noted that the reduction in imports has also caused losses to the Department due to fewer tax payments being made as a result of this situation.
(Reporting by Damith Wickramasekara)
-
Still No Comments Posted.
- May 9, 2025 - 185 - 0
SLAF Bell 212 crashes into Maduru Oya
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
- May 9, 2025 - 157 - 0
Five killed in helicopter crash
Update: Five of the twelve passengers on board the bell 212 aircraft that crashed into the Maduru Oya today, have succumbed to their injuries, the SLAF said.
Related Articles
Popular tutor gets bail
- 14/05/2025 - 27 - 0
Another vehicle topples off close to the location of recent bus tragedy
- 14/05/2025 - 55 - 0
Gov. Analyst inspection of bus that toppled in Kotmale underway
- 14/05/2025 - 36 - 0
Leave Comments