Search results
Results from the WOW.Com Content Network
However the new amendments which were published on 19 December 2022 have increased the PAYE tax rates significantly and reduced the annual personal income reliefs to 12 million rupees. [ 13 ] VAT
The Gazette is published in Sinhalese, Tamil, and English which are the three official languages of Sri Lanka. It publishes promulgated bills, presidential decrees, governmental ordinances, major legal acts as well as vacancies, government exams, requests for tender, changes of names, company registrations and deregistrations, land restitution notices, liquor licence applications, transport ...
2022 Sri Lankan protests: Rajapaksa loyalists stage a violent assault against anti-government protesters at the GotaGoGama protest site. A total of six people are rushed to the Wathupitiwala Base Hospital following a shooting incident in the area of Nittambuwa and a 27-year-old from Hapitigama in Kal-Eliya later died from gunshot wounds. [87]
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
[45] [46] By February 2022, the country had only $2.31 billion left in its reserves to repay around $4 billion of debt, including a $1 billion maturing international sovereign bond (ISB) in July. [47] According to official data released by the Sri Lankan government, ISBs accounted for almost half of the country's external debt by the end of ...
In early 2022, the Rajapaksa administration avoided debt restructuring opposing an IMF bailout in favour of a homegrown solution for the debt crisis. This strategy depleted foreign currency reserves and gold reserves in an effort to bolster the Sri Lankan Rupee and repayment of sovereign bonds, the central bank free floated of the currency in ...
The Sri Lanka People's Freedom Alliance (SLPFA), led by Mahinda Rajapaksa, won a large majority in the 2020 Sri Lankan parliamentary election on 5 August 2020. [14] During their tenure, the government under President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa faced multiple crises, including the COVID-19 pandemic and an economic crisis, which culminated into widespread protests ...
The exams are held in three mediums Sinhala, Tamil and English. The exam is the basic Certificate awarded in Sri Lanka as proof of completion of Secondary Education. The GCE O/L examination is an important milestone for students as it determines their eligibility to pursue further studies at the Advanced Level (A/L) or vocational training courses.