Archive for June 17th, 2024

ON ROUTE TO PRIVATIZE SRI LANKA RAIL, PROMOTING ELECTIC VEHICLES (EVs)?

Monday, June 17th, 2024

Deshika Mendis I write this because I love travelling by train and am very sad about the condition of Sri Lanka Railways and train travel in this beautiful island. In recent times, several of my planned trips had to be cancelled causing great inconvenience due to sudden service disruptions, including derailments, breakdowns and train cancellations. […]

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Finance Ministry issues clarification on proposed imputed rental income tax

Monday, June 17th, 2024

Courtesy Adaderana Sri Lanka’s Ministry of Finance, Economic Stabilization and National Policies states that the recent publication of the International Monetary Fund (IMF) supported Extended Fund Facility (EFF) programme related documents make reference to a proposed property tax is to be implemented as an imputed rental income tax.  Issuing a clarification on certain speculations and […]

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