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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: Another curfew is imposed at 7.00 p.m. until 7.00 a.m next morning, but would later be extended by three days. [90] [91] 10 May 2022 Sri Lankan protests: Amidst the violent clashes, the vehicle in which MP Kumara Welgama was travelling in is attacked by a group of individuals in the area of Makumbura. Welgama was given ...
Pre-GST, the statutory tax rate for most goods was about 26.5%; post-GST, most goods are expected to be in the 18% tax range. The tax came into effect from 1 July 2017 through the implementation of the One Hundred and First Amendment to the Constitution of India by the Government of India . 1 July is celebrated as GST Day. [ 4 ]
A government circular is a written statement of government policy. It will often provide information, guidance, rules, and/or background information on legislative or procedural matters. See also
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]
In early March 2022, the Sri Lankan Rupee began losing value quickly. As of the early 2020s, the debt-laden country is undergoing an economic crisis where locals are experiencing months of shortages of food, fuel and electricity. Inflation has peaked at 57% according to official data. [68] In April 2022, Sri Lanka declared a sovereign default. [95]
The executive responsible is the director general, currently Mr. P.B.S.C. Nonis, appointed in 2022. [3] Formally known as HM Customs from 1947 to 1972, the department can trace its roots to 1806. [4] Formally, the agency as it exists today was formed under the Customs Ordinance No. 17 of 1869, to which 51 amendments have been made to date.