The “Inland Revenue (Amendment)bill seeks to change the status quo of the 14% tax rate on superannuation funds – the largest of which is the Employees’ Provident Fund (EPF) – by increasing the tax rate to 30%.

SL has received US$ 499 million in remittances through official channels in Aug 2023, up 53% from a year ago.

Sri Lanka will make contributions to superannuation funds mandatory for informal workers including domestic aides, plumbers, and security guards under a planned new labour law, Minister of Labour Manusha Nanayakkara said.

Sri Lanka foreign exchange reserves have been depleted and the country is embroiled in a messy public debt default.

A Georgia special grand jury recommended charging one current and two former US senators and 18 other allies of ex-President Donald Trump, a newly released report says.

MP Patali Champika Ranawaka has drawn attention to the issue of overlapping responsibilities among various parliamentary committees, raising pertinent concerns about its impact on the legislative process.

President Ranil Wickremesinghe will visit China on October 16, 17 and 17 and hold talks with Chinese leaders including President Xi Jinping, Daily Mirror learns.

On behalf of the Government of Sri Lanka, the Ministry of Defence has categorically refuted the allegations by the UK's Chanel 4 over the Easter Sunday attacks and reiterates the government's unwavering commitment to the truth, justice, and the well-being of the nation, said a statement by Sri Lanka's Ministry of Defence.

A powerful earthquake in Morocco's High Atlas mountains toppled buildings and sent people fleeing their homes in several cities late on Friday, residents said, and a local official said dozens of people had been killed.

Sri Lanka Railways said a project was launched to repair railway lines using new tracks.

Former Trump aide Peter Navarro has been convicted of contempt of Congress for refusing to co-operate with an inquiry into alleged efforts to overturn the 2020 election result.

Cathay Pacific, the award-winning Hong Kong-based airline, has announced the resumption of flights to and from Colombo beginning on 02 February, 2024.

WindForce PLC has achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa solar power project.

In a move aimed at dispelling misconceptions and clarifying the financial landscape of fuel suppliers, Power and Energy Minister Kanchana Wijesekera presented a comprehensive breakdown of fuel costs for the Ceylon Petroleum Corporation (CPC), Lanka IOC (LIOC), and Sinopec in Parliament yesterday.

The Sri Lanka Ports Authority has spent Rs 1.2 billion on food for 2022, the Committee on Public Enterprises (COPE) revealed.

Anuradhapura Football League president Dacshitha Sumathipala says that the decision taken by the Election Committee and Appeals Committee to reject the nomination of four people including himself for the Football Sri Lanka (FSL) elections is unacceptable.

In the wake of the incident where the only consultant anaesthetist at the Embilipitiya District General Hospital had left the hospital without prior notice, the Health Ministry said stringent actions will be taken against doctors who travel overseas without prior notice.

Mexico's supreme court has decriminalised abortion nationwide.

A cash boost of hundreds of millions of dollars and more control of land in the occupied West Bank are among Palestinian demands in the event of a three-way deal involving the US, Saudi Arabia and Israel, the BBC has learned.

Claiming that there are reports of children and women being mostly used for begging, State Minister Geetha Kumarasinghe said steps will be taken to curb this practice.