News

As the Industries Minister, I disagree with 15% tax – Handunnetti

Published

4 months ago

February 27, 2025

editor

Industries Minister Sunil Handuneththi has said he opposes the 15% tax on service exports from his perspective as the Industries Minister.

He had said this during a programme on the state TV – Sri Lanka Rupavahini Corporation (SLRC).

If a 15% tax is imposed on the dollar income and if this discourages the income earner from bringing that particular income to the country, it could become an issue, he said.

“Even though I oppose it… I see this from the perspective of the Industries Ministry and export revenue. However, the Finance Minister and Finance Ministry officials view it from a point of increasing tax revenue,” he said.

When asked about the government’s much hyped ‘integrated approach’, the minister admitted that such an approach doesn’t exist for every single process.

Acknowledging the contribution of digital entrepreneurs, Handuneththi stressed the need for further discussions on the matter.

"Even though I oppose it, I approach this as the Industries Minister" Industries Minister Sunil Handuneththi warned that the 15% tax on service exports could discourage businesses and impact the sector’s growth pic.twitter.com/08jq0aAiOK
— NewsWire 🇱🇰 (@NewsWireLK) February 27, 2025

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Derailment disrupts train operations on upcountry line

Published

2 hours ago

June 27, 2025

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Train operations on the upcountry railway line have been disrupted after a train derailed at the Rambukkana railway station today (June 27).

The derailed train was travelling from Colombo to Rambukkana.

Accordingly, train services along the upcountry Line have been suspended, and alternative transportation arrangements are being made.

Meanwhile, efforts to re-rail the derailed train are underway.

News

‘Krrish’ case to be taken up again on Sep. 26

Published

3 hours ago

June 27, 2025

editor

The Colombo High Court has ordered the re-convening of the case filed by the Attorney General against Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa on September 26.

The case pertains to allegations that Rajapaksa received Rs. 70 million from the Indian company ‘Krrish’ under the pretext of promoting the game of rugby.

Rajapaksa, appeared before the court when the case was taken up today (June 27).