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Pact with Singapore firm handling RAMIS, extended

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Cabinet approval has been granted to extend the agreement with the Singaporean company handling the Revenue Administration Management Information System (RAMIS), says Chairman of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis – MP Gamini Waleboda.

Accordingly, the pact, which was in place for the last 10 years and was set to expire on Jan. 31, 2024, is to be extended for a period of 03 years.

MP Waleboda had told the media that they were compelled to extend the pact as no alternative choice existed.

Although Rs. 16,000 million have been paid for the RAMIS so far, the IRD has not been able to get complete control of the system. That is said to be because the relevant agreement includes a non-disclosure clause to third parties.

However, past media reports had revealed of how hidden mediators who had paved the way for this agreement, had earned high commissions.

It was also previously reported that the Department of Inland Revenue had failed to collect a tax revenue arrears, fines and interest income amounting to Rs. 201,400 million from state institutions.

Not collecting arrears tax revenue under both RAMIS and Legacy systems was also discussed at the COPA last year.

According to a Parliament statement last year, it had also been disclosed that the internal capacity including the human resources required for the IRD to take over the RAMIS system has not been developed.

In this backdrop, during a meeting of the Ways and Means Committee in July last year, MP Patali Champika Ranawaka had recommended that the IRD submit a report in this regard. 

He has also stated that the report should include a structured proposal for updating the system to adopt the RAMIS system.

Meanwhile, the non-inclusion of large companies such as the Dedigama Group in Maharagama to the RAMIS, had also sparked controversy.

Related News :

Rs. 904 bn. arrears amount due to IRD – COPA

How was Dedigama Group excluded from RAMIS?

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SL wins 1st T20I by 3 runs

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Sri Lanka won the 1st T20I match against Bangladesh by 03 runs, after a thrilling game.

Winning the toss, Bangladesh invited the visitors to bat first, where the visiting Sri Lankans scored 206/3 before limiting the Bangladesh team to 203/8.

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Fuel prices revised

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The Ceylon Petroleum Corporation (Ceypetco) has announced that fuel prices will be revised with effect from midnight today (March 04).

Accordingly, prices of Petrol Octane 92 and Auto Diesel have remain unchanged.

Meanwhile, the prices of Petrol Octane 95, Super Diesel and Kerosene have been reduced.

A litre of Petrol Octane 95 has been reduced by Rs. 09 to Rs.447, while a litre of Super Diesel has been reduced Rs. 10 to Rs.458. The price of a Kerosene litre too, has been reduced by Rs. 05 to Rs. 257.

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8 Lankans trafficked to Myanmar, rescued

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The Sri Lankan Ministry of Foreign Affairs has announced that 08 Sri Lankans out of the 56 trapped in cybercrime centres in Myawaddy area in Myanmar have been rescued by the Myanmar government authorities and are currently in the Myawaddy Central Police Station. 

The Embassy of Sri Lanka in Myanmar is currently working on the early repatriation of the rescued Sri Lankans. As per information made available by the Embassy of Sri Lanka in Myanmar, the 56 Sri Lankans who have been trafficked are being held in four separate locations in the Myawaddy area and the rescued eight Sri Lankans were in one of these locations in an area that could be accessed by the Myanmar government, a statement by the MFA adds.

The statement further adds : 

The rescue operation undertaken by the Myanmar government follows intensified diplomatic engagements including a communication from President Ranil Wickremesinghe addressed to the Prime Minister of Myanmar Senior General Min Aung Hlaing requesting for early intervention and support to rescue and safely repatriate the trapped nationals, which was conveyed via diplomatic channels to the Ministry of Foreign Affairs of Myanmar on 22 February 2024. 

In January 2024, Foreign Minister M. U. M. Ali Sabry took this issue up with the Deputy Prime Minister and Union Minister of Foreign Affairs of Myanmar Than Swe, requesting urgent intervention to rescue Sri Lankan nationals highlighting the seriousness of the situation of the Sri Lankan victims who have been enslaved in cybercriminal activities and urging that early action be taken to rescue all the affected individuals.

The Ministry of Foreign Affairs, in coordination with the Embassy of Sri Lanka in Myanmar continues to make every effort to rescue and repatriate all Sri Lankan nationals, who have become victims of human trafficking and are trapped in Myanmar, in close collaboration with the Myanmar government authorities. 

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