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Deadline for outstanding taxes set for Jan. 26

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The Inland Revenue Department has announced that all outstanding taxes for the 2023/2024 assessment year must be paid by January 26, 2025.

Commissioner General Sepalika Chandrasekara warned that individuals and companies missing this deadline will lose eligibility for penalty relief. Field surveys and legal measures are underway to recover unpaid self-assessment and outstanding taxes.

From January 2025, legal action will include the seizure of bank accounts without prior notice and potential criminal charges for non-compliance.

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Cabinet sub committee to study Middle East situation

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A Cabinet sub-committee has been appointed on June 23 to study the current situation in the Middle East.

Chaired by the Minister of Foreign Affairs, Foreign Employment & Tourism – Vijitha Herath, the ministers Wasantha Samarasinghe, Kumara Jayakody and Samantha Vidyarathna have been named as the other committee members.

Additionally, a committee of ministry secretaries have been appointed.

Meanwhile, speaking to media, Minister of Plantation and Community Infrastructure – Samantha Vidyarathna has said that the Government will take all possible measures to minimise the impact that the Israel-Iran conflict will have on local businesses, the country’s economy and the daily lives of all Sri Lankans.

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This week’s Cabinet decisions

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A number of decisions have been taken at the Cabinet meeting held on June 23.

The decisions taken by the Cabinet of Ministers are as follows :

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Youth dies after being beaten with a helmet

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A young man has died after being assaulted with a helmet during an altercation in Halwathura, Bulathsinhala.

Police said the incident occurred following an argument between the victim and another individual.

The victim was initially admitted to Horana Hospital, later transferred to Colombo National Hospital, and then returned to Horana Hospital, where he succumbed to his injuries.

The deceased is a 30-year-old resident of Halwathura, Bulathsinhala, police said.

A 23-year-old suspect has been arrested in connection with the incident, and investigations are underway by the Bulathsinhala Police.

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