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2 companies go missing after non payment of Excise taxes!

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It has been revealed that 07 institutions have pending excise tax payments and 02 companies that are to pay over Rs. 1.5 billion have gone missing without a trace.

The revelations were made during the Ways and Means Committee meeting held at the Parliament Complex yesterday (20) which was chaired by MP Patali Champika Ranawaka.

According to a parliament media release, the two companies that have gone missing are Globe Blender and Wayamba Spirits warehouse.

It is also said that these two companies have also not submitted payment plans while the other companies have worked according to the payment plans.

It has also been emphasized at the meeting to suspend the companies’ licenses by Oct. 30 if they fail to pay the arrears amount before October 15.

Meanwhile, it has also been emphasized it should be probed as to how the scam behind sticker attached to liquor bottles, was done.

It was also urged by the committee chairman to calculate the total amount of fines obtained over this scam since Sep. 07, 2023 and to calculate the total revenue loss incurred by the Excise Department in this manner.

It was further revealed that out of the samples checked, 90% of the stickers were proven as fake.

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President calls for unified environment, climate change law

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President Ranil Wickremesinghe emphasized on-going efforts to enact unified legislation addressing environmental protection and climate change. He highlighted the government’s commitment to crafting economic policies geared not only towards fostering export-oriented competitiveness but also towards transitioning to a green economy, aiming to achieve net-zero by 2050. 

Acknowledging the recent prolonged spells of extreme climate conditions as indicative of future climate change impacts, the President stressed the urgency of addressing climate mitigation measures promptly. 
He made these remarks while addressing the inaugural session of the Sri Lanka Climate Summit which commenced yesterday (07) at the Shangri-La, Colombo.

The inaugural Sri Lankan Climate Change Conference, hosted by the Sri Lanka Chamber of Commerce, commenced yesterday under the theme “Climate Action for our Nation and the Planet.” Scheduled to run until May 09, the summit aims to foster a comprehensive understanding of the multifaceted climate crisis, both from a global and national standpoint. It seeks to assess potential disruptions to critical sectors of the economy and deliberate on policy reforms necessary for transitioning towards a low-emission, climate-resilient economic framework.

During his address, President Wickremesinghe highlighted the nation’s proactive approach to combating climate change. He announced the establishment of a dedicated climate change centre in Sri Lanka and his instructions to the officials to model legislation based on the United Kingdom’s Climate Act, endorsed by global financial institutions. The President emphasized the significance of Sri Lanka’s role in addressing climate change, particularly within the Indian Ocean and the tropical belt and outlined plans for the International Climate Change University to be established in the country.

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2100 Grama Niladhari officers given appointments

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President Ranil Wickremesinghe stressed that the enhancement of the rural economy pivots on agricultural advancement. He highlighted the pivotal role of dedicated government officials at the grassroots level in ensuring the success of various government initiatives aimed at rural development, notably the agricultural modernization program. 

The President made these remarks during his address at the ceremony held at the Temple Trees today (08), where 2100 new Grama Niladhari officers were awarded appointment letters.

Following the Grama Niladhari Service Examination held by the Department of Examinations on 02nd December, 2023, 2100 candidates with the highest scores at the Divisional Secretariat Divisional Level were granted Grama Niladhari positions. 

President Ranil Wickremesinghe participated symbolically in distributing the appointment letters. He briefed the new GN Officers on government initiatives like “Aswesuma” and “Urumaya”, aimed at uplifting low-income individuals, urging them to actively engage in these programs for the economic development of their communities.

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CoPF summons Public Security Secretary & Immigration CG

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The Committee of Public Finance (CoPF) has summoned the Secretary of the Public Security ministry and the Controller General of Immigration tomorrow (May 09) for a ‘balanced inquiry in to the ongoing visa fiasco’, the CoPF Chairman – Dr. Harsha de Silva has said.

“While it is customary for all public finance related legislation be routed through COPF, this strangely was not,” he has added on X.

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