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Download as PDF; Printable version; In other projects ... However the new amendments which were published on 19 December 2022 have increased the PAYE tax rates ...
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: The armed forces are allowed permission to open fire on any person involved in looting of public property or causing physical harm to others. [95] 12 May – 2022 Sri Lankan political crisis: Ranil Wickremesinghe is sworn in as the new Prime Minister. [96] Saman Ekanayake is appointed as the secretary to Prime Minister ...
Source: Central Bank of Sri Lanka, 2021. [21] According to W. A. Wijewardena, a former Deputy Governor of the Central Bank of Sri Lanka, the country was a long way into an economic crisis in 2015. [22] The government that came into power in 2015 knew this and had been warned by the Institute of Policy Studies of Sri Lanka about a number of ...
In April, 2008, the EC submitted a report, titled "A Model and Road map for Goods and Services Tax (GST) in India" containing broad recommendations about the structure and design of GST. In response to the report, the Department of Revenue made some suggestions to be incorporated in the design and structure of proposed GST bill.
The Central Bank of Sri Lanka raised interest rates in August 2021, and Sri Lanka became the first nation in Asia to tighten the monetary policy during the pandemic era. [20] [21] On 27 August 2021, the government extended the lockdown to 6 September 2021 as the daily death toll surpassed 200 for the first time since the pandemic began. [22] [23]
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]
In 2022, as protests began growing in Sri Lanka, Jaliya Wickramasuriya, former Sri Lankan ambassador to the United States and Mexico, and a cousin of the Rajapaksa brothers, pleaded guilty in U.S. District Court for defrauding $332,027 from the Sri Lankan government during the purchase of a new embassy building in 2013.