President Targets Top 200 Tax Evaders in Revenue Drive
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CNL Reporter
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August 8, 2025
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Political
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Tax
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0 Comments
Sri Lanka’s campaign against tax evasion is intensifying, with President Anura Kumara Dissanayake telling Parliament that he holds a list of 200 major tax defaulters owing between Rs. 100–150 billion.
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Australia pledges continued support for Sri Lanka’s economic development
Australia’s Governor-General, Samantha Joy Mostyn, met with President Anura Kumara Dissanayake this afternoon (08) at the Presidential Secretariat in Colombo,
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Customs to Release 991 BYD Vehicles under Court-Approved Conditions
Sri Lanka Customs has agreed to release 991 detained BYD vehicles, following a settlement reached before the Court of Appeal today (7), subject to strict conditions.
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Trump-Putin summit nears
A historic summit between United States President Donald Trump and Russian President Vladimir Putin is expected to take place in the coming days, raising hopes for progress in ending the ongoing conflict in Ukraine. This marks the first official bilateral meeting between the two leaders since President Trump began his second term earlier this year. According to Russian officials, the …
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FIU Penalizes Three Firms for Breaching Money Laundering Laws
The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has imposed penalties totaling Rs. 6.5 million on three institutions,
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Governor-General of Australia arrives in Sri Lanka on three-day visit
At the invitation of President Anura Kumara Dissanayake,
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Presidential Task Force to boost tourism development
The Cabinet of Ministers on Monday approved the establishment of a Presidential Task Force to drive the rapid and sustainable development of Sri Lanka’s tourism industry,
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US hits India with 50% tariff over Russian oil
The United States has decided to increase taxes on products from India, raising the total tax to 50%. This is because India is still buying oil from Russia. The new tax will start on August 27, based on an order from President Donald Trump. It is one of the highest taxes the US has ever put on another country. India’s …
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Cabinet approves amendment to child protection Act
The Sri Lankan Cabinet has given its approval for a proposal to amend the Child Protection Authority Act No. 50 of 1998. This move comes as the current act, which was enacted approximately 25 years ago, is no longer considered sufficient to address the increasing complexities of child exploitation and harassment. These complexities are attributed to significant socio-economic, political, and …
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President attends “Sith Ru 2025”
The “Sith Ru – 2025” concert, also known as “Hearts and Minds was held yesterday August 5, afternoon at the Nelum Pokuna Theatre in Colombo, with President Anura Kumara Dissanayake attending as the chief guest. Organized by the Department of Social Services, the event aims to bring the aesthetic talents of persons with disabilities to a national level. This year’s …
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