CNL Reporter, Author at Colombo News Line

IRD Extends PIN Validity amid Push for Broader Tax Compliance

CNL Reporter
August 6, 2025
News, Political
IRD
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In a move aimed at enhancing taxpayer compliance and easing the digital filing process,

Heavy Taxation Hits Online Shopping as Sri Lanka Scraps Tax-Free Imports

CNL Reporter
August 5, 2025
News
Tax-Free
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Sri Lanka is now charging all taxes on foreign parcels coming from online platforms and backlogs have also been cleared, without any de minimis exemptions being given Customs officials said.

‘Import American vehicles duty-free’ U.S. tells Sri Lanka

CNL Reporter
August 5, 2025
News, Political
American vehicles
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The United States (U.S.), in its tariff negotiations, requested Sri Lanka to grant duty-free access to American vehicles, including Electric Vehicles (EVs),

South Korea pledges to help companies cope with higher US tariffs

CNL Reporter
August 5, 2025
News
US tariffs
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South Korea will prepare measures to help companies cope with higher U.S. tariffs and expand into new markets, the Finance Ministry said on Tuesday,

Keerthibandarapura Traffic OIC arrested for soliciting bribe

CNL Reporter
August 5, 2025
News
Traffic OIC arrested
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The Officer-in-Charge of the Keerthibandarapura Traffic Division has been taken into custody by officials of the Commission to Investigate Allegations of Bribery or Corruption.

Another earthquake hits Russia’s Petropavlovsk region; back-to-back tremors raise alarm

CNL Reporter
August 5, 2025
Foreign News, News
earthquake
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Fresh tremor of magnitude 5.1 struck far-east in Petropavlovsk-Kamchatsky, Russia today, reported the US Geological Survey (USGS).

Debate on motion to remove Deshabandu Tennakoon from IGP post commences in Parliament

CNL Reporter
August 5, 2025
Political
Deshabandu
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The debate on the motion presented to remove Deshabandu Tennakoon from the post of Inspector General of Police,

“No threat to National Security”: Defence Secretary

CNL Reporter
August 5, 2025
Political
Defence Secretary
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There is currently no threat to national security, says the Secretary of the Ministry of Defence Air Vice Marshal Sampath Thuyacontha (Retd).

Sri Lanka earned $3.7 bln from tourist arrivals in six months

CNL Reporter
August 4, 2025
Travel and Tourism
tourist arrivals
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Minister of Foreign Affairs, Foreign Employment, and Tourism Vijitha Herath stated that an income of $3.7 billion has been generated from tourist arrivals over the past six months.

PIN Validity period for submission of tax returns for 2024/2025 extended

CNL Reporter
August 4, 2025
Political
Tax
0 Comments

The validity of the Personal Identification Number (PIN) issued by the Inland Revenue Department for the submission of income tax returns for the year of assessment 2024/2025 has been extended.