News

Inland Revenue Dept receives 4,831 returned cheques!

Published

3 years ago

November 30, 2022

editor

The Inland Revenue Department had received 4,831 return cheques worth of Rs.2.4 billion (2,488,003,615 rupees) as of June 30, out of which 3,817 cheques were more than 3 years old, it was revealed during a recent Committee on Public Accounts (COPA) hearing.

It has also been revealed that the value of those three-year-old cheques is Rs.1,429,356,750.

This was disclosed when the Inland Revenue Department was summoned before COPA on the day before yesterday (28) under the Chairmanship of MP Kabir Hashim to review the progress of implementing recommendations given by COPA held on March 24, 2021 and look into whether the Department is capable of achieving the tax revenue proposed in the 2023 Budget.

The committee questioned the lack of legal action in this regard and the officers present stated that their department does not have the authority to take legal action. The Chairman of COPA pointed out that this is a criminal offence and the necessary legal proceedings in this regard should be implemented soon.

The Chairman of the COPA recommended that a report be given to the Committee within a month regarding the legal action taken in this regard after consultation with the Attorney General’s Department.

The COPA revealed that the total arrears of taxes, penalties and interest due to the Inland Revenue Department as at June 30, 2022 is Rs. 773,957,856,618 (Rs.773 billion).

It was disclosed that an amount of Rs. 201,400,855,198 (Rs.201 billion) has been identified as income that can be collected without any legal concern and that Rs. 572,557,001,420 (Rs.572 billion) has been identified as income that has been temporarily suspended due to certain reasons.

It was also pointed out by the Auditor General that this amount has been identified as the total arrears of tax to be collected under both the RAMIS and Legacy systems. Furthermore, there was a long discussion about the failure to collect 201 billion rupees which is available as revenue from this tax arrears.

Accordingly, the present officials pointed out that recovery of this money on an installment basis has already started.

News

Navy rescues Indian fishermen from capsized boat off Talaimannar (Pics)

Published

17 minutes ago

June 28, 2025

editor

The Sri Lanka Navy has rescued 04 Indian fishermen aboard an Indian fishing boat capsized in the Sri Lankan waters off Talaimannar on June 25.

Upon receiving the distress alert, a team of the Special Boat Squadron stationed at SLNS Thammanna, under the North Central Naval Command swiftly launched a search and rescue operation. During the rescue mission, the naval personnel located the overturned Indian boat, capsized after being caught in rough seas north of Sand Dune VII, and safely rescued all four fishermen.

The rescued individuals, identified as residents of Rameswaram, India, were brought ashore by the Navy and provided with necessary assistance.

The fisherman in good health condition were subsequently handed over to the Talaimannar Police for onward action. The Sri Lanka Navy remains vigilant in assisting distressed maritime and fishing communities within Sri Lankan waters, reaffirming its commitment to maritime safety and humanitarian efforts.

(Pics : navy.lk)

News

Validity of re-entry visa extended for Lankans working in Israel

Published

36 minutes ago

June 28, 2025

editor

The Ministry of Foreign Affairs, Foreign Employment and Tourism has issued a special notice for Sri Lankans working in Israel.

A statement issued by the ministry states :

Due to the unstable situation in the Middle East region, the Population and Immigration Authority (PIBA) of Israel has decided to extend the validity period of the re-entry visa of those who have come to Sri Lanka possessing a re-entry visa with the hope of returning to their respective employments in Israel until 2025.07.31.

Accordingly, as international flights to Israel have started presently, those who came to Sri Lanka on re-entry visa have the possibility to return to work in Israel until 31.07.2025 even after the expiry of the re-entry visa.

All relevant institutions have been informed in this regard.