Sri Lanka to allow vehicle imports from February 2025
President Anura Kumara Dissanayake has announced that the government has decided to allow the import of vehicles for personal use, with effect from February 01, 2025.
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Govt to raise PAYE tax threshold to Rs. 150,000 – President
President Anura Kumara Dissanayake says that the government was able to reach an agreement with the International Monetary Fund (IMF) to increase the Pay As You Earn (PAYE) Tax exemption limit from Rs. 100,000 to Rs. 150,000.
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SL Audit exposes Rs. 2.66 b loss in electric vehicle permit scheme
The National Audit Office has uncovered significant financial losses amounting to Rs. 2.66 billion and a systemic mismanagement in the former administration’s electric vehicle import
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Sri Lanka’s internet subscriptions hit 26mn connections
The number of internet subscriptionsin Sri Lanka, including mobile internet connections, has risen to 26 million units by the end of the second quarter of 2024, according to local analytics platform Charts.lk.
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Adani Group dealings with other countries not Sri Lanka’s concern – President
Sri Lankan President Anura Kumara Dissanayake said his government is not concerned with Adani Group’s dealings with other countries but is instead focused only on what the conglomerate does in Sri Lanka.
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Selfie with returning President
President Anura Kumara Dissanayake returned to the island yesterday (17) after completing a three-day official visit to India.
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Plan to relocate President’s House, Temple Trees to Sri J’pura Kotte put on hold
*Land meant for President’s House near P’ment to be developed as Bird Park
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Sri Lanka’s economy grows 5.5% in Q3 2024
The year-on-year GDP growth rate for the third quarter of 2024 has been reported as 5.5 percent of positive growth rate, the Department of Census and Statistics indicated.
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Coconut production dropped 17.8-pct in September
Coconut production in Sri Lanka declined by 17.8 percent in September this year compared to September 2023, central bank data showed.
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SL Vote on Account’s Revenue gains to fall short of spending increase
On 6 December, Parliament approved the 2025 Vote on Account (VOA) without a vote, allocating funds for government spending in the first four months of the year,.
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