By adminPosted on 
Sri Lankan Sapphires are highlighted in Louis Vuitton Jewellery Collection Spirit, giving centre stage to the island’s captivating gems.
By adminBy adminPosted on 
Sri Lanka’s VAT is poised to achieve a significant boost in revenue, anticipating a whopping 1,400 billion rupees from the Value Added Tax (VAT) in the fiscal year 2024. This optimistic projection comes in the wake of strategic measures taken to expand the tax base and implement a rate hike, as revealed by officials from the President office in Colombo.
By adminBy adminPosted on 
The recent surge in Value Added Tax (VAT) in Sri Lanka has cast a shadow over the construction industry, heralding a challenging period ahead. As the government implements this tax increase, the construction sector finds itself grappling with heightened financial pressures. This surge in VAT is expected to have a cascading effect, influencing various facets of the industry, from project costs to overall investment climate.
By adminBy adminPosted on Given the convenience of contactless payments, Sri Lankans now simply tap their cards to pay while…
By adminBy adminPosted on As the business community awaits a response, there is anticipation for proactive measures to be taken. A collaborative approach between policymakers, financial institutions, and SME representatives could pave the way for a strategic resolution. The government’s role in facilitating economic recovery becomes crucial, and a thoughtful response may involve a reassessment of existing laws and financial restructuring to align with the current economic challenges.
By adminBy adminPosted on Sri Lanka’s employment challenges can be overcome by addressing the skills gap and thereby ensure greater inclusion in the global workforce. The nation’s journey toward a skilled and competitive workforce requires concerted efforts, focusing on education, vocational training, and strategic policy initiatives.
By adminBy adminPosted on Sri Lanka’s economic recovery in recent years has been a multifaceted journey marked by resilience, reform, and strategic policy initiatives. The island nation faced significant economic challenges, including high debt levels, a trade deficit, and the impact of the COVID-19 pandemic. However, a series of measures implemented by the government has contributed to a gradual turnaround.
By adminBy adminPosted on In a remarkable turn of events, Sri Lanka’s tourism industry experienced an unprecedented surge in foreign…
By adminBy adminPosted on Sri Lanka’s VAT insights give a picture of challenging circumstances. As Sri Lanka prepares to embrace the VAT surge in 2024, it signifies a strategic move to address fiscal challenges head-on. The journey of VAT evolution, coupled with insights from experts, debunks misconceptions and underscores its efficiency in maintaining fiscal equilibrium. The impending changes pave the way for a nuanced understanding of VAT’s role in shaping Sri Lanka’s economic trajectory.
By adminBy adminPosted on Commitment to national baking industry stresses high quality & excellence training AB Mauri Lanka Pvt Limited,…
By admin