IRD cracks down on business entities charging illegal VAT
The Inland Revenue Department (IRD) has launched raids on businesses which are charging Value-Added Tax (VAT) from customers without being a VAT-registered entity, a senior official said.
The Inland Revenue Department (IRD) has launched raids on businesses which are charging Value-Added Tax (VAT) from customers without being a VAT-registered entity, a senior official said.
The Bribery or Corruption Allegation Investigation Commission has issued a stern directive,
War heroes have an especial role to play in the elimination of corrupt and destructive economic terrorism, said opposition leader Sajith Premadasa.
Mainstream southern parties are monitoring the conduct of the new leader of the ITAK (TNA) in preparation for their presidential election campaigns.
The support of Tamil and other minority parties will be a crucial factor at future elections, according to political analysts.
The SJB is to draw big crowds to Colombo tomorrow (30) in an anti-government protest that also marks the launch of Sajith Premadasa’s presidential election campaign.
The fine for wearing a military uniform or emblem unlawfully is to be raised to Rs. 50,000 from Rs. 100.
Sri Lanka has met most of its initial commitments under its International Monetary Fund bailout program but concerns remain over delays in governance and transparency reforms, according to an independent analysis by Verité Research.
The couple arrested on suspicion of defrauding several people to the tune of Rs. 5 billion through a pyramid scheme, have been remanded until 05 February.
Sri Lanka has been engulfed by unprecedented crises as a results of state policies on the economy and social issues, says the Australian Advocacy for Good Governance in Sri Lanka.