Search results
Results From The WOW.Com Content Network
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most important revenue ...
Japan, India and China are key parties to Sri Lanka's $12.5 billion debt rework. Dissanayake has expressed his intention to continue working with them and foster economic ties to boost growth.
The Financial Crimes Investigation Division was formed on 26 February 2015 under the purview of Sri Lanka Police Service. FCID is directly responsible in handling the investigations on the corruption charges against the Rajapaksa Administration and the public service that involved in large-scale corruption which led to destabilize the Government revenue.
The Sri Lankan economic crisis[8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Government of Sri Lanka. The Government of Sri Lanka (GoSL) (Sinhala: ශ්රී ලංකා රජය, romanized: Śrī Lankā Rajaya; Tamil: இலங்கை அரசாங்கம்) is a Semi-presidential republic determined by the Sri Lankan Constitution. It administers the island from both its commercial capital of Colombo and ...
The mixed economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 [ 32 ] and $296.959 billion by purchasing power parity (PPP). [ 33 ] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
The 2024 Sri Lankan presidential election was the ninth presidential election in the country’s history and was held on 21 September 2024. [ 4 ][ 5 ] Incumbent President Ranil Wickremesinghe ran for re-election as an independent candidate, making him the first sitting president to run for re-election since Mahinda Rajapaksa in 2015. [ 6 ][ 7 ...