News

All tax payments go electronic from April 1

Published

1 year ago

March 19, 2023

editor

Electronic methods are to be made compulsory for the payment of personal taxes to the Inland Revenue Department from April 1.

To give effect to the decision, an amendment to the Inland Revenue Act has been introduced by the Minister of Finance, Economic Stabilisation and National Policies.

According to the amendment, a person is expected to file tax returns electronically through the use of a computer system or a mobile electronic device.

However, depending on the case, the Inland Revenue Commissioner-General may authorise a person to file a tax return in writing, for a year of assessment, the proposed amendment says.

At present, it is compulsory for companies to file their tax returns electronically.

Inland Revenue Staff Officers Association Secretary J.T. Chandana expressed the association’s support for the new amendment. However, he said the IRD had no “necessary system device capacity” to facilitate it.

“Devices should be in good condition and modified or the taxpayers and the Department would be inconvenienced. It will affect the tax revenue as well,” he said, adding that the responsibilities were being passed on.

(Sunday Times)

News

Complaint filed alleging assets being misused for President’s political activities

Published

7 hours ago

April 26, 2024

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Today (26) the Socialist Youth Union (SYU) filed a complaint with the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) calling for a probe into the alleged misuse of assets owned by the National Youth Services Council (NYSC) for the political activities of current President Ranil Wickremesinghe.
The SYU submitted a formal complaint to the CIABOC today (26) afternoon.

The complaint is filed against Minister of Youth Affairs and Sports – Harin Fernando, Ministry Secretary – Dr. Kanapathipillai Mahesan, and Chairman of the NYSC – Pasindu Gunaratne.

Speaking before the media, Eranga Gunasekara, the national organizer of the SYU said, NYSC vehicles bearing the numbers NA 9099, NB 1389, NB 3384, NB 3383 had been misused for the UNP rally held in Kuliyapitiya on March 10.

He has also said a dance troupe of the NYSC, used for the rally, is yet to be paid.

News

Tiran makes revelation on Maithripala’s statement

Published

7 hours ago

April 26, 2024

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During the inquiry over former President Maithripala Sirisena’s recent statement that he was aware of the real culprits behind the Easter Sunday bomb attacks, he has not mentioned the names of anyone in Sri Lanka, Public Security Minister Tiran Alles said.

The lawmaker made this remark while speaking during today’s parliamentary session.

News

High Posts committee approves 4 appointments

Published

7 hours ago

April 26, 2024

editor

Committee on High Posts approves appointments of a new ambassador, a secretary to a ministry, and 02 chairpersons of institutions

The Committee on High Posts which met recently in Parliament has given its approval for the appointments of a new ambassador, a ministry secretary and two institution chairpersons.

Accordingly, the Committee on High Posts has approved the appointment of Mr. S.A Rodrigo as the new Sri Lankan Ambassador to the Italian Republic.

In addition to that, the appointment of Mr. A.C.M. Nafeel as the new secretary of the Ministry of Water Supply and Estate Infrastructure Development was also approved by the Committee on High Posts.

Furthermore, the Committee on High Posts approved the appointments of Mr. W.A.D.S Gunasinghe as the new chairman of the Regional Development Bank and Mr. N.K.S. Jayasekara as the new chairman of the Sri Lanka Atomic Energy Regulatory Council.

Ministers Dr. Ramesh Pathirana and Vidura Wickramanayake, Member of Parliament Rishad Bathiudeen participated in the Committee on High Posts which met under the chairmanship of Speaker Mahinda Yapa Abeywardena.