A World War II British Navy ship sunk off north-east Sri Lanka has been refloated, 75 years after being damaged during a Japanese bombing raid. The SS Sagaing was anchored in Trincomalee Harbour when it was hit by a bomb on April 9, 1942, and abandoned due to a fire on board. On August 24 …
Apr 01, Colombo: Sri Lanka’s new Inland Revenue act aimed at simplifying the taxes and ease the burden on the low-income people, will come into effect from today, Inland Revenue Department says. According to Commissioner of Inland Revenue Department Ivan Dissanayake, following the new Tax …
ECONOMYNEXT – Sri Lanka will set up a new agency to regulate privatized plantations firms, to ‘protect the interests of the state’ the government said. In the 1990s Sri Lanka privatized 23 state-run plantations companies which had been expropriated decades ago in an action seen as part of several key …
The minister says Sri Lanka’s tax revenue remains low when compared to other countries in the region. According to him, the new Inland Revenue act will make it obligatory for eligible taxpayers to pay their taxes. The act aims to change the present ratios of direct and indirect taxes of 80 per cent and 20 …
ISLAMABAD: Pakistan women wrapped up their first T20I series win since 2015 courtesy a constricting display from their spin quartet at Colombo, Sri Lanka on Saturday. Defending 113 in the deciding third T20I, Pakistan contained Sri Lanka to 75 for 8 in…
Inside Track: From Sri Lankan minister keen to visit Lingaraja temple in Odisha to Mamata Banerjee’s recent visit in national capital. Gamini Jayawickrama Perera, Minister of Buddha Sasana, Sri Lanka, who was in India last month, was keen to visit the famous Lingaraja temple in Odisha. By: Coomi …
A federal judge has chided an immigration officer for imposing a virtually “impossible standard” in assessing the risk and danger faced by a failed Tamil refugee if he was to be deported to Sri Lanka. In concluding Suresh Nagarasa would be safe to retu…
A British Royal Navy ship that sank after it was bombed in a Japanese air strike in World War Two has been raised off the Sri Lanka coast after 75 years. The SS Sagaing, whose passengers and cargo were largely saved back in 1942, has been refloated with the help of a team of divers from Sri Lanka’s …
The Trio, comprising well-known and recognized performers, all of them with ties that bind them with Sri Lanka, with years of experience on the concert stages of the world and totally adjusted to appearing before audiences of all sorts, were in Colombo…
Sri Lanka Navy, Old Royalists, Ranabima Royal and Sri Lanka Army have already qualified for the Sri Lanka Baseball Championship which is currently underway at the Sri Lanka-Japan Friendship Baseball ground in Diyagama, Homagama. The fourth installation…