report in ECONOMYNEXT, Dec 24, 2023 at 7:26 pmA logistics centre in Colombo Port with China’s CM Ports, Sri Lanka Ports Authority and Access Engineering will get a 15-year tax holiday, according to a gazette notice. Thirty expatriates will be completely freed from income tax. The corporate income tax exemption will start from the first year the project company makes a taxable profit or two years after commercial operations, whichever comes earlier. Taxes on dividends…
Posts tagged as “gazette”
By Lahiru Doloswala in Daily Morning, Oct 1, 2023The Asia Internet Coalition (AIC), an industry association representing prominent Internet and technology companies, has voiced its apprehensions regarding the Government of Sri Lanka’s (GoSL) recent move to gazette the Online Safety Bill (OSB). Jeff Paine, the Managing Director of AIC, expressed concern over the lack of stakeholder consultation in the formulation of this legislation, which raises critical questions about the impact it may have on freedom…
By Easwaran Rutnam in Yhe Colombo Gazette online, Sept 13, 2023The Sri Lanka Podujana Peramuna (SLPP) and the United National Party (UNP) are likely to form a grand alliance ahead of the next elections, Colombo Gazette learns. Sources told Colombo Gazette that talks in this regard are at the initial stages and includes attempting to agree on a common policy and framework on governing the country. While it is still not clear if there is…
report in The Island, Mar 1, 2023Public sector trade unions yesterday (28) vowed to go ahead with their one-day strike scheduled for today (01) to pressure the government to reverse new tax regime. Spokesperson for the trade union collective, Ranjan Jayalal, told The Island that workers in sectors such as petroleum, electricity, ports, water supply and drainage, health, education, banking would join the strike. Jayalal said that the issuance of an extraordinary gazette Monday (27)…