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Monday November 9th, 2026
Fiscal

Sri Lanka restraints agro experts from migrating: Minister

There is a huge shortage of the experts in the agriculture sector

April 11, 2023 2 min read

Sri Lanka benefits from VAT, no evidence to support regressive claims: economist

The poor are paying less VAT because of the nature of the goods that they consume, than the rich

April 10, 2023 5 min read

Sri Lanka seeks data forensics lab from China, discuss railways

CIDCA Vice President meet finance minister and transport

April 9, 2023 1 min read

Sri Lanka personal income tax collections surge with lower slabs, higher rates

Sri Lanka hiked personal income tax rates, including payroll taxes in 2023

April 6, 2023 1 min read
Sri Lanka SOE sale process was slow to avoid reversals

"If it is reversed it would have damaged the investment environment in the country,"

Sri Lanka govt pitches income tax relief to IMF ahead of polls

President Wickremesinhe was unpopulour for his tax reforms

Sri Lanka gets new lady customs chief

P S M Charles, a special grade officer of the Sri Lanka Administrative Service has been appointed the director general o...

September 26, 2017 1 min read

Tax cut for low, middle income individual from new Sri Lanka law

Sri Lanka's low and middle income individuals will pay less income tax with wider brackets and lower rates, but higher i...

September 25, 2017 7 min read

Billions lost through tax-unpaid liquor sold through Sri Lanka licensed outlets

Large volumes of tax unpaid hard liquor is sold through the licensed wine shops, losing billions in taxes, where over 20...

September 25, 2017 3 min read

Sri Lanka performers, artistes to get Rs500,000 tax free income

Sri Lanka's performers, artistes of all kinds will get a 500,000 tax free allowance for net earnings after deducting exp...

September 24, 2017 2 min read

Sri Lanka FinMin World Bank discuss South Asian integration, climate resilience

Region World Bank officials who met Sri Lanka's Finance Minister Mangala Samaraweera had discussed greater South Asian i...

September 22, 2017 1 min read

Govt guarantees for urban investment mooted at Sri Lanka forum

ECONOMYNEXT – Governments can help local bodies grappling with the problems of rapid urbanisation by giving guara...

September 20, 2017 2 min read

Sri Lanka's CEB meter readers show how to use unionized power

Meter readers at Sri Lanka's state-run Ceylon Electricity Board have provided an object lesson on how to cut down work u...

September 19, 2017 3 min read

Sri Lanka 'Laksala' hit by Rs200mn zero return theme park

Sri Lanka Handicraft Board, which operates under the brand 'Laksala', has been hit by a project that costs 221 million r...

September 18, 2017 1 min read

Sri Lanka 2018 budget on Nov 09, vote on Dec 09

Sri Lanka's budget for 2018 will be presented on November 09, 2017 with the final vote to be taken on December 09, accor...

September 13, 2017 1 min read

New Sri Lanka tax law tightens transfer pricing loopholes

ECONOMYNEXT – Sri Lanka’s new tax law has provisions that more effectively block companies from trying to ...

September 13, 2017 2 min read
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Latest Last
US Dollar 331.7485 330.8514
UK Pound 443.7468 438.3450
Euro 372.5204 371.0168
Yen 2.0969 2.0916
Aus Dollar 233.0533 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.4948 3.4202
Korean Won 0.2499 0.2479
Oman Rial 861.6397 859.3320
Saudi Riyal 88.4403 88.0955
UAE Dirham 90.3209 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 5,656.91 -0.43%
CSE All Share 19,927.30 -0.28%
Turnover Rs 1457.79 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's controversial ministerial tax snoop clause defended

Although Sri Lanka’s finance minister has been given the power to see tax files of citizens, the new tax law has ...

September 12, 2017 2 min read

Sri Lanka to tax unit trust income at the hands of beneficiaries

ECONOMYNEXT - Sri Lanka will tax earnings from unit trust or mutual funds at the hands of beneficiaries, under a new inc...

September 11, 2017 1 min read

Sri Lanka to tax foreign currency deposit interest

Sri Lanka will tax foreign currency deposits in the future in the same manner as rupee deposits through a new income tax...

September 11, 2017 1 min read

Sri Lanka leasing companies to be taxed on par with banks: tax expert

Sri Lanka's leasing companies will no longer be able to claim capital allowances on leased assets for tax purposes, unde...

September 11, 2017 1 min read

Sri Lanka tax holidays already given under BOI to stay

Sri Lanka will not abolish tax holidays already given by the Board of Investment, after a new income tax law comes into ...

September 11, 2017 1 min read

Sri Lanka to charge 10-pct capital gains tax, unit trusts to be taxed

Sri Lanka will charge a 10 percent capital gains tax on investments other than listed securities, under a new inland rev...

September 11, 2017 2 min read

Sri Lanka President to pay income tax: Finance Minister

Sri Lanka's President will pay income tax under a new law, Finance Minister Mangala Samaraweera said, ending another pla...

September 8, 2017 2 min read

Sri Lanka's top personal income tax rate lower than region: Eran

Sri Lanka's highest personal tax rate at 24 percent is lower than most South and East Asian nations, though some countri...

September 8, 2017 3 min read

Inland Revenue law bill passed in Sri Lanka parliament

A new Inland Revenue law which removes exemptions and is aimed at extracting more income tax from the people has passed ...

September 7, 2017 2 min read

Sri Lanka to review alcohol taxes; cut moonshine

Sri Lanka will review alcohol taxes to link excise levies with alcohol content, which will reduce the illicit alcohol in...

September 6, 2017 2 min read