The introduction of the new Inland Revenue Act last week would result in the 10% withholding tax levied on government securities being eliminated with effect from April 2017.
Deputy Treasury Secretary, S.R. Attygalle announced that BOI tax holidays will not be removed despite the introduction of the new Inland Revenue Act.
Minister of External Affairs, Tilak Marapana’s first official overseas visit after being appointed as Sri Lanka’s new Foreign Minister was to India
The CIC Group intends to deviate towards introducing high-tech solutions and innovations to its agri-business activities.
Charge’d affairs at the Embassy of Afghanistan to Sri Lanka, Munir Ghisy says Afghanistan have already received the approved draft agreement