Numbers.lk
As the gov aims to collect Rs. 100B in revenue from this tax, the utopian case would be 0.8M unit owners paying an avg of Rs. 1.25 lakhs per year/unit (~ Rs. 10K per month). However, a brief look into the ownership of these houses shows this target is not even remotely possible.
🇱🇰 13 Million TINs, but How Many People Know Theirs?⭕ The IRD says over 13 million of Sri Lanka 🇱🇰's estimated 17 million eligible adults already have TINs (76%). That sounds impressive on...
⛽ November 1: Will Fuel Prices Change?⭕ Tonight is Sri Lanka 🇱🇰’s next scheduled fuel price revision. ⭕ Our estimates show Auto Diesel selling Rs. 143 below its formula-based...
⭕ Since September 2024, the only effective tax reduction has been the increase in the annual income tax-free threshold from Rs. 1.2 million⭕ Since September 2024, the only effective tax reduction has been the increase in the annual income tax-free threshold from Rs. 1.2...
Binance hit by a $6.3 BILLION hack, potentially the largest crypto theft in history⭕ Binance is the world's largest centralized crypto exchange, handling $2.13 trillion in September, including around 40% of spot trading...