News

Extra week to file income tax returns (Video)

Published

2 years ago

December 1, 2022

editor

An additional week has been granted from November 30 to file income tax returns.

Finance State Minister Shehan Semasinghe said this in response to a question raised by MP J.C. Alawathuwala.

The State Minister further said that no fine will be charged during this period.

Question – “Income tax refund submission software is inactive. We don’t know whether this is intentional. These activities were supposed to be completed by yesterday, November 30. Since this is inactive, there are many people who could not submit this refund. I think we would like to know the real situation behind this. Is this something done on purpose or is there congestion?”

Answer – “Everyone was supposed to submit their income reports by yesterday. There has been a congestion in this software yesterday. Personal income tax, company tax, partnership tax, etc. need to be filed. This is not an act of sabotage but an issue with the software. As a solution, we are giving another week’s time. When the people submit the returns during this period, it will be considered as having been submitted on November 30.”

(Video: Ada Derana)

News

Police media spokesman resigns

Published

2 hours ago

March 20, 2025

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The Sri Lanka Police Media Spokesman SSP Buddhika Manatunga has tendered his resignation from the position.

According to reports, he has handed over his letter of resignation to the Acting IGP Priyantha Weerasooriya.

News

Speaker endorses certificate on Inland Revenue (Amendment) Bill

Published

2 hours ago

March 20, 2025

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Hon. Speaker of Parliament endorses the certificate on the Bill

The Inland Revenue (Amendment) Bill was passed without amendments in Parliament today (20).

The debate on the Second Reading of this Bill was held today from 5:40 PM to 7:10 PM. Subsequently, following the consideration of the Bill at the Committee Stage, the Inland Revenue (Amendment) Bill was passed in Parliament.

The Inland Revenue (Amendment) Bill was presented to Parliament for its First Reading on 01.03.2025.

Furthermore, Speaker, Dr. Jagath Wickramaratne endorsed the certificate on Inland Revenue (Amendment) Bill today (20), in accordance with Article 79 of the Constitution.

Accordingly, this Bill will be enforced as the Inland Revenue (Amendment) Act No. 02 of 2025.

News

Japan provides fire trucks to Sri Lanka

Published

3 hours ago

March 20, 2025

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The Government of Japan, through a grant assistance of JPY 300 million, has decided to provide state-of-the-art Japanese fire trucks to the Government of Sri Lanka to strengthen disaster response capabilities in the country’s Export Processing Zones (EPZs), ensuring a safer business environment and contributing to economic and social stability.

Ambassador of Japan to Sri Lanka – Mr. Akio Isomata SOMATA and Secretary of the Finance Ministry – Mr. K. M. M. Siriwardana, today (March 20) signed and exchanged notes in Colombo on this grant assistance.

The EPZs play a crucial role in Sri Lanka’s economy by attracting investment and driving industrial growth.

The increasing risks of fire hazards and other emergencies risk hampering its critical functions.

The Japanese fire trucks, equipped with cutting-edge technology, will bolster the capacity of EPZs, safeguarding businesses, workers, and communities.

The project also underscores Japan’s unwavering commitment to addressing Sri Lanka’s socio-economic challenges and promoting sustainable development.