Briefs from the Numbers.lk desk.
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❌“PAYE or APIT Deducted by the Employer Means No Return Filing Is Necessary” ❌“Fixed Deposit (FD) Taxes Are Fully Deducted by the Bank” ❌ “If I Don’t Have a TIN, I Don’t Need to File Returns” Thread 🧵👇
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https://t.co/pBwMi57Er2
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The concept of a 4-day workweek has been widely studied, and findings consistently show that it boosts productivity and improves work-life balance. In Sri Lanka, we naturally achieve this to some extent by having a few extra holidays... https://t.co/dA5QMioqgA
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⭕ This year, 21 women secured seats in Parliament—19 from the National People's Power (NPP) and 2 from the Samagi Jana Balawegaya (SJB). ⭕ The count could rise further with 1-2 women likely to be appointed via the national list. ⭕ significant jump from the previous record of 13 women MPs. ⭕ Women now account for ~10% of the Parliament. #SriLanka #GenElecSL2024
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⭕ Out of 196 elected MPs in 2024, 146 are first-timers—marking a historic shift in the legislature. ⭕ 🧭NPP - 130 (141 seats) ⭕ ☎️SJB - 8 (out of 35, 27 have prior experience). ⭕ 🌷SLPP - 1 (out of 3) ITAK adds 3 newcomers, SLMC 1. ⭕ With 29 national list seats pending, over 150 fresh MPs will likely in the new Parliament. #SriLanka 🇱🇰 #Elections2024
Numbers.lk
⭕️Cyclone Fengal has carried polluted air from Indian cities into Sri Lanka, degrading air quality to unhealthy levels in several regions. #SriLanka #India #AirQuality https://t.co/1Cv1OCEeZL
Nov 30, 2024, is the mandatory deadline for filing tax returns with Sri Lanka's Inland Revenue Department (IRD). If you have a TIN, filing is must: ⭕ No Income? File NIL Returns: Avoid penalties by...
The Sri Lankan banking sector performed exceptionally well in Q3 2024, registering a growth of 31%+ over the last three months. Historically, the All Share Price Index (ASPI) and the Banking Sector...
Sri Lanka 🇱🇰 crumbles to their lowest-ever Test score of 42, bowled out in just 13.5 overs by South Africa 🇿🇦. ⭕ Previous lowest: 71 vs Pakistan 🇵🇰 in 1994. #SriLanka #SouthAfrica #SLvsSA...
⭕ Starting Nov 27, 2024, the Overnight Policy Rate (OPR) becomes the main interest rate used by the Central Bank to guide lending, borrowing, and inflation control. ⭕ The new OPR (set at 8%) will...
⭕ A deep depression in the southwest Bay of Bengal is intensifying into a cyclonic storm, moving closer to the east coast. ⭕ Heavy rains (150+ mm) expected in Northern, North-central, Eastern,...
⭕ A deep depression in the southwest Bay of Bengal is intensifying into a cyclonic storm, moving closer to the east coast. ⭕ Heavy rains (150+ mm) expected in Northern, North-central, Eastern,...
⭕ Deep depression over SW Bay of Bengal will intensify into a cyclonic storm on Nov 27. ⭕ Heavy rain (>200mm) in Northern, North-Central, Eastern, Central, Uva, Southern provinces & Puttalam. ⭕...
⭕ @CBSL likely to reduce SDFR to 8% & SLFR to 9% (25 bps cut each) on Nov 29, as per a Reuters poll of 13 analysts. #SriLanka #Economy https://t.co/hgo0AIzpUw
PUCSL confirmed no tariff changes this year due to delays by the Ceylon Electricity Board (CEB). ⭕ PUCSL rejected CEB’s September tariff proposals as inadequate; revisions were due by Nov 8. ⭕ CEB...
⭕ Wanindu Hasaranga secured for INR 5.25 Cr (~USD 630,000). ⭕ Maheesh Theekshana acquired for INR 4.40 Cr (~USD 528,000). #IPL2025 #IPLAuction https://t.co/EVGRGf8CIN
⭕ Lucknow Super Giants secured Pant for a staggering ₹27 CR. ⭕ Edges past Shreyas Iyer's ₹26.75 CR record set earlier in the Auction! #IPLAuction #IPL2025 https://t.co/MGBZlmSwAn
⭕ Punjab Kings acquire him for a record ₹26.75 CR at the IPL Auction 2025. ⭕ The previous record held by Mitchell Starc 🇦🇺 (₹24.75 CR). #IPLAuction #IPL2025 https://t.co/a2C7adRUp2
⭕️ Sri Lanka and IMF reach a staff-level agreement for the 3rd review under the $3B Extended Fund Facility (EFF), unlocking $333M upon approval by the IMF Executive Board. ⭕️The NPP government has...
A New York grand jury charges Gautam Adani & 7 executives for $265M in bribes to Indian 🇮🇳 officials: ⭕ Allegations: Illegal payments (2020-2024) for solar energy contracts. ⭕ Contract Profits:...
NPP's governance faces early tests: campaigning vs. governing. ⭕ Despite the reported surplus production Farmers have no paddy, and consumers have no rice. - Minister Wasantha Samarasinghe ⭕ The...
⭕ NPP nominates Sugath Wasantha De Silva, President of the Sri Lanka Council of Visually Handicapped Graduates, as MP via the National List. ⭕ According to 2012 study, 1.7M Sri Lankans live with...
