President Anura Kumara Dissanayake announced that the Withholding Tax will be increased from 5% to 10%.
Speaking in Parliament today (18), he said that the government agreed with the International Monetary Fund (IMF) to reduce tax on services exports from the existing 30% to 15%.
He said it was also agreed to increase the Withholding Tax from 5% to 10%.
The Colombo Port has recorded a net profit of Rs. 32.2 billion (after tax) during…
Vehicle importers have reported a slowdown in demand for new vehicle purchases following a surge…
Today (9) marks the 151st World Post Day, which is being commemorated around the globe.
Israel and Hamas have agreed to the “first phase” of his peace plan to pause…
Around 10% of the country’s population suffers from various mental illnesses, the Ministry of Health…
The government has decided to extend the concessionary period granted to the Mattala Rajapaksa International…
