public finance

Tax Amnesty: The New Tax Scandal
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Published in the DailyFT Sri Lanka’s overall tax system of indirect taxes means that the poor disproportionately pay more in taxes than a wealthier family. The Finance Bill codifies this  The gazetted Finance Bill is an unfair piece of legislation...
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Effectiveness of Tax Amnesty in Sri Lanka
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Published in the DailyFT On 9 July 2021, the government gazetted a new finance bill aimed to indemnify individuals who voluntarily disclose their hitherto undisclosed income—that is to a provide a tax amnesty. A tax amnesty is a limited-time opportunity...
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Debt Default Danger: Alarmist or Imminent?
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Published in The Morning LK Will the Government of Sri Lanka default on its obligations to service its mountain of debt over the next couple of years, including two bond repayments of a total of $ 1.5 billion due in...
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Real Question Is Not Whether SL Should Go to IMF or Not
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Published in The Island The real question is not whether Sri Lanka should go to the IMF or not. What is important is going to the IMF with confidence after having analysed the fiscal situation, with a convincing plan, Executive...
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CA Sri Lanka’s CEOs Forum Plays Nexus Role to Bridge Gap between Govt., Biz Community
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Published in the DailyFT State Minister Nivard Cabraal urges private sector to look long-term, not focus only on short-term CB Chief says Govt. policy plan has heavy focus placed on exports, domestic production as well as entrepreneurship and SME activities...
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Sri Lanka Needs Medium and Long Term Plan to Overcome Debt Crisis
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Published in The Sunday Times Although immediate debt repayment payments have been settled, the government will have to implement a medium and long term plan with clear policy derived by analysing all its aspects, a leading economist emphasised. Verite Research...
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Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit
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Published in The Sunday Times Importers continued to fret this week with containers–many of them holding inputs for export manufacturing–held up because dollar-strapped Sri Lankan banks were slow in settling payments with the sellers’ banks abroad. “I bring in raw...
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Treasury Rules Out Fraudulent Stats in Central Bank Report
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Published in TheMorning.lk Responding to the recent outburst of MP Harsha De Silva in regard to the Central Bank of Sri Lanka’s Annual Report of 2020, Treasury Secretary S.R. Attygalle told The Sunday Morning Business that there is absolutely no fraudulent accounting...
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ප්‍රසූත නිවාඩුව කප්පාදු කිරීමේ ශ්‍රී ලංකා ආණ්ඩුවේ තීරණය “මාතෘත්වයට නිගාවක්”
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පළවූයේ: බීබීසී සිංහල රූ හිමිකාරීත්වය බීබීසි සිංහල සේවය සහ දක්වා ඇති වෙනත් ආයතන සතුය "මාතෘ සුරක්ෂිතතාව (Maternity protection) මූලික මානව අයිතිවාසිකමක් වන අතර, පවුල සහ රැකියාව සම්බන්ධ පූර්ණ ප්‍රතිපත්ති සකස් කිරීමේ දී අනිවාර්යයෙන්ම ඇතුළත් කළ යුතු අංගයකි. වැඩපොළේ දී කාන්තාව...
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Cost of extending maternity benefits to private sector only Rs. 4.2 b: Verité
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Taken from - DailyFT Government expenditure of Rs. 4.2 billion annually would enable maternity leave benefits to be extended across the economy, and incentivise the private sector to employ more women, Verité Research stated yesterday, recommending this be included in...
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