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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 ...
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [ 5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
Website. waterboard .lk. The National Water Supply and Drainage Board (commonly abbreviated as NWSDB) is the National Organization responsible for the provision of safe drinking water and facilitating the provision of sanitation to the people in Sri Lanka. The organization had its beginning as a subdepartment under the Public Works Department ...
The Online Safety Bill, which passed with 108-62 votes, aims to “make provisions to prohibit online communication of certain statements of fact in Sri Lanka” and “prevent the use of online ...
www .irrigationmin .gov .lk. Footnotes. [2] [3] The Ministry of Irrigation [4] ( Sinhala: වාරිමාර්ග අමාත්යාංශය; Tamil: நீர்ப்பாசன அமைச்சு) is the cabinet ministry of the Government of Sri Lanka responsible for: [5] The development of the nation's water resources and ...
Parent. Ministry of Finance. Website. epf .lk. The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [ 3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of ...
Personal tax depends on residential status. The CBDT administers the Income Tax Department, which is part of the Ministry of Finance's Department of Revenue. Income tax is a key source of government funding. The Income Tax Department is the central government's largest revenue generator; total tax revenue increased from ₹ 1,392.26 billion (US ...