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Cabinet decision on VAT reforms

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Cabinet approval has been granted to publish the recently approved VAT reforms as a Bill and submit for parliament approval.

The approval of the Cabinet of Ministers granted on 05.06.2023 to amend the Value Added Tax Act No. 14 of 2002 and to abolish the simplified value added tax system with effect from 01.01.2024. 

The Bill prepared accordingly by the Legal Draftsman has received the clearance of Attorney General. 

As such, the Cabinet of Ministers approved the proposal presented by the president in his capacity as the Minister of Finance, Economic Stabilization and National Policies to publish this bill in the Government Gazette and to submit consequently to Parliament for Approval.

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Wimal appears before CID

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National Freedom Front (NFF) leader and former MP Wimal Weerawansa appeared before the Criminal Investigation Department (CID) to provide a statement regarding remarks he made about a shipment of 323 containers linked to a provincial governor.

He was summoned to record a statement in connection with multiple complaints received over his comments made during a media briefing on January 29.

Following his remarks, Western Province Governor – Hanif Yusoof lodged a complaint with the CID on January 30, claiming he was targeted through social media posts.

Police said that several other parties have also filed complaints related to the same incident.

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Neurosurgeon’s daughter granted bail

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The Colombo Magistrate’s Court has ordered the release on bail of Hemali Wijerathna, daughter of Dr. Maheshi Surasinghe Wijerathna, a consultant neurosurgeon at the Sri Jayawardenapura General Hospital, who is currently in remand custody.

Colombo Chief Magistrate – Tanuja Lakmali Jayatunga ordered that the suspect be released on a personal bail of Rs.500,000.

She was arrested by the Keselwatta Police and produced before court.

Meanwhile, the case filed by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) against her for allegedly threatening CIABOC officers is scheduled to be taken up again today (July 09).

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Forests on state lands to be designated as reserves

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The Ministry of Environment has decided to designate several forests located on state owned lands as official forest reserves.

Deputy Minister – Anton Jayakody has stated that such forests, each spanning 05 hectares or more, have been identified in every district.

Special priority will be given to designating forest reserves on mountain peaks.

In the first phase, 20 forests in districts including Monaragala and Ampara have been selected under the new program named ‘Vanaspathi’,  he said.

He further said the initiative aims to protect these forest areas and expand the country’s forest cover.

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