In a bid to fix interbank rates to within a few basis points, which leads to excess liquidity, external instability and ...

The Organisation of Professional Associations of Sri Lanka (OPA) submitted a special report containing recommendations and proposals for the National Budget ...

Sri Lanka’s vehicle tax structure has come under renewed scrutiny, with tax experts warning that the imposition of the value ...

The agricultural sector in Sri Lanka has long been a pillar of the nation’s economy, yet its decline reflects a complex ...

The National Chamber of Exporters (NCE) is calling for relief measures in the upcoming 2025 Budget to help businesses recover ...

Sri Lanka's parliament will hold a special session to address the Supreme Court's ruling on annulling 2023 local council ...

Finance Minister Nirmala Sitharaman will introduce the New Income Tax Bill this week, after which it will go to a ...

A new income tax bill, which received approval from the Union Cabinet on Friday, is likely to be introduced today.

Fourteen fishermen arrested by Sri Lankan Navy for poaching, sparking protests and calls for government intervention.

Amid Donald Trump and Elon Musk’s push to reshape the US government, the world’s largest development agency, USAID, has ...

When the Government announced last December its plan to hold Local Government Elections in April 2025, the Opposition leaders ...

For instance, in the fiscal year 2024, the US government spending was $6.75 trillion, while its total revenue was $4.92 trillion, resulting in a budget deficit of $1.83 trillion. Deficit means ...