News

No permits for distillers who fail to pay arrears

Published

9 months ago

October 3, 2024

editor

The Excise Department has decided not to extend licences for 2025 of liquor producers who do not pay the arrears of taxes for 2023-2024 before November 30.

Excise Commissioner General M. J. Gunasiri told the Daily News that Rs.1.8 billion will be charged as tax arrears and it has been decided not to issue licences to those alcohol producers who do not pay the arrears.

At the beginning of every year, the Excise Department has a tradition of holding discussions with the liquor manufacturing establishments every three months about the revenue targets, the programme to achieve them and the obstacles that arise and the actions taken to solve them.

Gunasiri said that the fourth review for this year was held yesterday (2) at the Excise Department in Colombo and it was significant that representatives of all 27 liquor manufacturing establishments in the country were present.

The Excise Commissioner General said that he has assured that the new government will work to ensure the collection of excise tax revenues and not to interfere in the affairs of the department in any way.

(dailynews.lk)

(This story, originally published by dailynews.lk has not been edited by SLM staff)

BIZ

Lanka IOC donates Rs. 100 mn. to the President’s Fund

Published

3 hours ago

July 4, 2025

editor

The Lanka Indian Oil Company (LIOC) has donated Rs. 100 million to the President’s Fund.

Mr. Dipak Das, Managing Director of Lanka Indian Oil Company, handed over the relevant cheque to Dr. Nandika Sanath Kumanayake, Secretary to the President, at the Presidential Secretariat today (July 04).

It is noteworthy that this donation is in addition to the contributions Lanka Indian Oil Company already makes to the education, health and cultural sectors in the country.

Mr. Roshan Gamage, Senior Additional Secretary to the President and a group of representatives from Lanka Indian Oil Company were also present at the occasion.

Mr. Das was a part of the CEOs delegation of the Confederation of Indian Industry (CII) who was in Colombo from June 29 – July 02.

News

Bus veers off road and crashes into a tree (Pics)

Published

4 hours ago

July 4, 2025

editor

A Sri Lanka Transport Board (SLTB) bus has veered off the road and crashed into a tree near the Deduru Oya bridge along the Chilaw – Puttalam Road.

It is reported that the accident took place around 11.30 am today (July 04) while the bus was plying from Point Pedro to Colombo.

Injured passengers in the accident have been admitted to the Chilaw General Hospital.

(Pics : Facebook)

News

S.M. Chandrasena remanded (Update)

Published

4 hours ago

July 4, 2025

editor

Former Minister S.M. Chandrasena, who was arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) earlier today (July 04), has been remanded until July 18th.

(Previous news 2025 July 04 – 10.49.am)

Ex-Minister S.M. Chandrasena arrested

Former Minister – S.M. Chandrasena has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) a short while ago.

Chandrasena had appeared before the CIABOC today (July 04) to record a statement.