Budget Highlights 2023

Budget Highlights 2023 The 77th Annual National Budget was presented in the Parliament on the 14th of November, 2022 by President Ranil Wickramasinghe as Minister of Finance. Through the budget’s execution, the Government’s leading goals are to create a primary surplus of over 2% of the GDP by the year 2025, to boost Government revenue […]

Inland Revenue (Amendment) Bill

Inland Revenue (Amendment) Bill The Sri Lankan Parliament passed the Value Added Tax and Inland Revenue bills with amendments, on the 9th of December, 2022. Passed with a majority vote, these amendments are yet to be certified by the speaker of the Parliament, Mahinda Yapa Abeywardena. However, it is highly expected that these amendments will […]