News

Disregard tax payment requests if income is below threshold, says State Minister

Published

12 months ago

July 5, 2024

editor

Individuals who have obtained a Taxpayer Identification Number (TIN) yet do not meet the cutoff, can choose to remain tax exempt after notifying the IRD in writing, provided that their monthly income does not surpass the threshold, according to the State Minister of Finance Ranjith Siyambalapitiya

The Minister said that information on this matter can be obtained from the IRD’s closest regional office.

State Minister Siyambalapitiya added that 230,000 people have received TIN numbers thus far, with 130,000 receiving them in June alone.

Furthermore, the Ministry of Finance anticipates to increase the number of people with TIN numbers to 730,000 by the end of July.

(sundaytimes.lk)

(Except for the headline, this story, originally published by sundaytimes.lk has not been edited by SLM staff)

BIZ

Lanka IOC donates Rs. 100 mn. to the President’s Fund

Published

5 hours ago

July 4, 2025

editor

The Lanka Indian Oil Company (LIOC) has donated Rs. 100 million to the President’s Fund.

Mr. Dipak Das, Managing Director of Lanka Indian Oil Company, handed over the relevant cheque to Dr. Nandika Sanath Kumanayake, Secretary to the President, at the Presidential Secretariat today (July 04).

It is noteworthy that this donation is in addition to the contributions Lanka Indian Oil Company already makes to the education, health and cultural sectors in the country.

Mr. Roshan Gamage, Senior Additional Secretary to the President and a group of representatives from Lanka Indian Oil Company were also present at the occasion.

Mr. Das was a part of the CEOs delegation of the Confederation of Indian Industry (CII) who was in Colombo from June 29 – July 02.

News

Bus veers off road and crashes into a tree (Pics)

Published

5 hours ago

July 4, 2025

editor

A Sri Lanka Transport Board (SLTB) bus has veered off the road and crashed into a tree near the Deduru Oya bridge along the Chilaw – Puttalam Road.

It is reported that the accident took place around 11.30 am today (July 04) while the bus was plying from Point Pedro to Colombo.

Injured passengers in the accident have been admitted to the Chilaw General Hospital.

(Pics : Facebook)

News

S.M. Chandrasena remanded (Update)

Published

5 hours ago

July 4, 2025

editor

Former Minister S.M. Chandrasena, who was arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) earlier today (July 04), has been remanded until July 18th.

(Previous news 2025 July 04 – 10.49.am)

Ex-Minister S.M. Chandrasena arrested

Former Minister – S.M. Chandrasena has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) a short while ago.

Chandrasena had appeared before the CIABOC today (July 04) to record a statement.