An Echelon Media Company
Monday November 9th, 2026
Fiscal

Sri Lanka to charge VAT on Paypal, Stripe, amid existing IMF MCPs

Financial services are exempt from VAT in countries with well-functioning tax systems

July 20, 2025 6 min read

Sri Lanka SOE sales not completed due to following proper procedure: ex-President

Wickremesinghe said there was no 'delay' as such but the process was time consuming

July 18, 2025 1 min read

Sri Lanka Inland Revenue to look into MP tax discrimination allegations: Minister

An opposition MP has posted his salary details, showing PAYE deduction is far below ordinary person

July 17, 2025 2 min read

Sri Lanka PUCSL to be accountable for CEB finances in new IMF benchmark

Pricing methodology to be revised by November 2025

July 17, 2025 5 min read
Sri Lanka post-default fiscal track to be hit by Ditwah: Moody's

Sri Lanka and Vietnam also had governance concerns

Sri Lanka to re-allocate Rs50bn for Dec disaster spending, budget unchanged

We need parliament's approval to get unspent money from other ministries

Sri Lanka cabinet approves signing restructured bilateral debt deals: Minister

President Wickremesinghe is due to make a "special" national address on Wednesday evening

June 25, 2024 1 min read

Sri Lanka to get US$150mn from World Bank for health amid ageing population

Pandemic preparedness will also be improved.

June 25, 2024 2 min read

Sri Lanka opposition questions claims that IMF housing tax is only for kulaks

Whatever the President said the IMF agreement says owner occupied house

June 23, 2024 5 min read

Sri Lanka Water Board makes profits, tax-payers inject Rs28bn

25 percent of water taken without paying anything

June 23, 2024 2 min read

Sri Lanka car permit tax losses Rs14bn in two years of partial disclosure

The list only shows waivers of a so-called 'luxury tax' waivers applicable to vehicles above certain value

June 20, 2024 2 min read

Sri Lanka ready to sign bilateral debt restructure deals: Minister

Sri Lanka has bilateral debt with Paris Club creditors, India and China

June 20, 2024 1 min read

Sri Lanka Railways asks squatters to register online

"All unauthorized occupants who do not register by that date will be removed from railway premises."

June 19, 2024 2 min read

Panel allows Sri Lanka central bank staff to get high salaries

The panel has said that individuals should be given increments on a 'meritocracy'

June 19, 2024 4 min read

Sri Lanka to exempt one house from imputed rent wealth tax: President

...[O]ne house will be exempt from this

June 18, 2024 2 min read

Sri Lanka says imputed rental tax will not apply to all

The envisaged property tax is in an advanced stage of design and therefore or

June 18, 2024 4 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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 central govt debt to GDP at 100-pct by March 2024

Public debt with SOE guaranteed debt fell to 106.8 pct of GDP in March 2024 from 112.7-pct in Dec

June 17, 2024 3 min read

Sri Lanka to end patrician tax free car permits under IMF deal?

Politicians get completely tax free cars while plebeians pay taxes of over 200-pct for mobility

June 17, 2024 2 min read

Sri Lanka state airport agency swimming in cash after sovereign default

Interest income shot up from Rs3.3bn in 2021 to Rs10.4bn after default

June 16, 2024 2 min read

Sri Lanka beats key IMF program targets for March 2024 amid rupee stability

Primary surplus, net international reserves, tax revenue floor indicative targets exceeded

June 15, 2024 3 min read

Sri Lanka to tax imaginary rents on houses under IMF deal

A nationwide digital Sales Price and Rents Register (SPRR) is to be set up by March 2025

June 14, 2024 6 min read
1

Sri Lanka to revise SDP Act with rules-based exemptions

Rules-based eligibility criteria for granting time-bound incentives to Parliament by end-February 2025

June 14, 2024 2 min read

Sri Lanka to tax housing in IMF deal, VAT on digital services, services export exemption to go

Services export tax exemption to be eliminated

June 14, 2024 2 min read

Sri Lanka in final stages of reaching in-principle deal with CDB: State Minister

Expects all bilateral creditor to wrap up final MOUs in June

June 13, 2024 1 min read

Sri Lanka draft MOUs with bilateral lenders being exchanged, clarified: State Minister

When they are submitted, they exchange it with their membership

June 11, 2024 1 min read

Sri Lanka's CPC makes Rs120bn profit in 2023 after Rs884bn tax-payer injection

Govt takes over debt owed to state banks

June 11, 2024 5 min read