Write-ups

⭕ Nearly half of the positions at the Attorney General's Department are vacant, with 624 vacancies as of December 31, 2023. ⭕ The department had an approved cadre list of 1,295, but only 671...

⭕️The Public Utilities Commission of Sri Lanka (PUCSL) has approved a reduction of electricity tariffs by 20% overall. ⭕️Check new rates with our electricity bill calculator: 👉 https://t...

⭕ Sinopec to invest $3.7B in a 200,000-barrel oil refinery in Hambantota, adjacent to the Chinese-owned Hambantota port. ⭕ A substantial portion of the refinery’s output is planned for export,...

Previous Vehicle Taxes (2020): 1. CID (Customs Import Duty): Based on the CIF value of the vehicle (~20%). 2. XID /S.P.D (Special Provisions, Excise Duty): A flat rate per vehicle based on engine...

Sri Lanka 🇱🇰 will enforce an International Mobile Equipment Identity (IMEI) registration system starting January 29, 2025, to curb the use of unregistered devices. ⭕ All mobile phones, tablets,...

The Telecommunications Regulatory Commission of Sri Lanka has approved @Starlink satellite broadband tariffs: ⭕ Packages range from Rs. 9,200/month to Rs. 1.8M/month. Plans (Inclusive of Taxes):...

⭕️Sigiriya, Sri Lanka is opening for night visits. While this is an amazing initiative by the Tourism Ministry, their timing around full moon nights needs serious reconsideration. 🗓️ Current plan:...

Sri Lanka’s Inland Revenue Department (IRD) reported its highest-ever tax collection in 2024, reaching Rs. 1,958 billion, marking a 25% increase compared to 2023. ⭕ Total tax collection: Rs. 1,958...

⭕ Prime Minister & Education Minister Dr. Harini Amarasuriya calls for an investigation into rising absenteeism among Advanced Level students. This issue persists for over 20 years. ⭕ Teachers...

⭕ Recorded Rs. 1.515T in 2024 (highest-ever revenue collected), close to the govt target of Rs. 1.533T. ⭕ While Customs appeared to slightly miss the rupee-denominated revenue target, they actually...

⭕ After four decades of distinguished military service, General Shavendra Silva WWV RWP RSP VSV USP ndc psc MPhil retires from active duty. ⭕ General L H S C Silva, a battle-hardened Infantry...

🎉 Milestone for Tourism! 🇱🇰 Sri Lanka and 🇲🇻 Maldives have both welcomed their 2 millionth tourist this year. For Maldives, it’s the

first time in their history. ⭕ Historically, Sri Lanka 🇱🇰...

#OnThisDay in 2004, the Boxing Day tsunami struck, one of the deadliest natural disasters in recorded history. A massive earthquake of

magnitude 9.1-9.3 off the coast of Sumatra triggered a tsunami...

⭕ Sri Lanka has collected Rs. 4.3 billion in tax revenue from importing 67,000 metric tonnes of rice since lifting the import ban. ⭕ Like many essential commodities, rice imports are subject to...

📈Uptick in USD to LKR: Today, some commercial banks reported the selling rate of the Sri Lankan Rupee exceeding 300 against the US Dollar.

exchange rate tracker: https://t.co/lKyMJuzvFG #SriLanka 🇱🇰 #USDLKR https://t.co/b9PcUg2zYw

⭕ Calculate your potential tax liability using our WHT Calculator: 👉 https://t.co/dy2aviKj4M ⭕ The government has proposed increasing the WHT rate from 5% to 10%. ⭕ Tax refunds, or as the...

⭕ The primary reason for the vehicle import ban imposed on 2020 was to reduce foreign exchange (forex) outflows. ⭕ When lifting the ban, the gov must evaluate not just the immediate forex outflow...

⭕ Long-Term Foreign-Currency IDR: Upgraded from 'RD' to 'CCC+'. ⭕ Local-Currency IDR: Raised from 'CCC-' to 'CCC+'. Key drivers: ⭕ Successful restructuring of 96% of commercial external debt. ⭕ No...

As predicted the government has extended the temporary lifting of rice import restrictions until January 10. https://t.co/MLhOOOuU4e

https://t.co/tWHmZdHrpB