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Clarifications:
1. Pharmaceutical products, except for some Ayurvedic preparations, are exempt from VAT. However, healthcare services are subject to an 18% VAT. 2. Currently, VAT is exempted from wheat flour.
Briefs from the Numbers.lk desk.
Numbers.lk
1. Pharmaceutical products, except for some Ayurvedic preparations, are exempt from VAT. However, healthcare services are subject to an 18% VAT. 2. Currently, VAT is exempted from wheat flour.

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POLL: Should the executive presidency system of Sri Lanka be abolished? Comment your reasons below.
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⭕ Live births dropped by 22.6%, from 319,000 (2019) to 247,000 (2023). ⭕ Deaths increased by 24%, from 146,000 (2019) to 181,000 (2023). ⭕ Economic recession, COVID-19 complications, and poor access to healthcare are cited as key factors. ⭕ 60% of the elderly (60+) now face non-communicable diseases like hypertension. 🔗 Population ageing, declining fertility, and rising healthcare demands present serious...
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✅ Increase bail amount from Rs. 50k-75k (set in 1981) to Rs. 3-5 million to deter unserious contenders. ✅ Mandate 10,000 signatures for ballot access, ensuring broad support before candidates can run.
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⭕ 1982: 6 ⭕ 1988: 3 ⭕ 1994: 6 ⭕ 1999: 13 ⭕ 2005: 13 ⭕ 2010: 22 ⭕ 2015: 19 ⭕ 2019: 35 ⭕ 2024: 39 #SriLanka 🇱🇰 #presPolls2024

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⭕️ Current fixed deposit rates have dropped to ~8.5%, leading many seniors to withdraw their savings. ⭕️ New policy: Senior citizens (60+) will receive a 10% annual interest rate on fixed deposits up to 1 million rupees for a 2-year period. ⭕️By this decision, the government essentially creates an allowance of Rs. 1,250 per month for seniors. as: (1M * (10% - 8.5%)) / 12 = Rs. 1,250/month.
⭕ VAT Removal: AKD vows to remove VAT on food, healthcare, and school supplies if elected. ⭕ Electricity Bill Reduction: Promises a one-third reduction in electricity bills. ⭕ VAT on Books &...
A new study by Google reveals serious misuse of generative AI, analyzing 200 incidents from 2023-24. ⭕ AI-generated content floods the web with fake text, images, & audio. ⭕ Misuse blurs lines...
she had 12 of them—Chamari Athapaththu. ⭕️ Yesterday,...
⭕ Tea is the 2nd most widely consumed drink around the world after water. ⭕ 6.7M tonnes of tea were produced globally in 2022. ⭕ Major producers: China 🇨🇳, India 🇮🇳, Kenya 🇰🇪, Sri Lanka...
Elections Saman Sri Rathnayake ⭕ Most of these candidates...
For the latest exchange rates, visit: https://t.co/lKyMJuyXQ8 https://t.co/BbmfdkefnH
country with satellite broadband services. - PMD ⭕️ The latest...
⭕️ The Department of Wildlife Conservation (DWC) is set to conduct a comprehensive elephant census across Sri Lanka from August 17-19, employing over 3,100 survey centers. ⭕️ More than 3,100...
⭕ Divaina has printed the opposite on their front page. 🤦♂️ https://t.co/EppicDCnXl
⭕ The Perseids is known for it's bright meteors and long tails. ⭕ Expect up to 100 meteors per hour under ideal conditions. ⭕ Best viewed after midnight in a dark location, looking northeast. (The...
Be part of our the 2024 presidential poll here: 👉https://t.co/ybQCbhdxxT #SriLanka 🇱🇰 #PresPolls2024 https://t.co/nkXP9Q6tKr
සිංහල | தமிழ் | English : 🗳️ Pre-Election Poll: 2024 Presidential Election: who has your vote? 2024 ජනාදිපතිවරණයේදී ඔබේ වටිනා ඡන්දය පල කිරීමට අදහස් කරන්නේ කාටද? 2024 ஜனாதிபதி தேர்தல் தேர்தலில்...
⭕️ After 27 years, Sri Lanka has won a bilateral series against India 🇮🇳. Huge congratulations! 🎉 #SLvIND #SriLanka #Cricket #HistoricWin https://t.co/y6aSRYFzbk
clearance, reduced documentation, and fewer physical examinations....
⭕ The Sri Lanka Podujana Peramuna (SLPP) 🌷 is set to announce MP Namal Rajapaksa as their presidential candidate for the 2024 election. ⭕ This comes after prominent businessman Dhammika Perera...
⭕️Did you know? Sri Lanka 🇱🇰 was once a top coffee producer globally! By 1860, Sri Lanka, Brazil 🇧🇷, and Indonesia 🇮🇩 were the three largest coffee-producing nations worldwide. ⭕️At its peak...