Page 2 - Equalisation Levy News Today

In manufacturing and production industries Bio Extracts (Pvt) Ltd, the manufacturer of Sri Lanka’s leading herbal health care brand “Baraka” was awarded as one of the 10 Best Workplaces in the Manufacturing and Production Industries in Sri Lanka 2022 and was presented with the “Great Place to Work Certification” recently. “I am pleased to see […]

DIMO recently introduced DI-Solar, a revolutionary solution, enabling the power generated through the existing solar PV systems to be utilized during the prevailing daytime power interruptions, thereby preventing the power wastage. This is Sri Lanka’s first and only cutting-edge solution in the market that allows the power generated by solar systems to be utilized without […]

HSenid Business Solutions appointed a new Chief Strategy Officer; Nilendra Weerasinghe, who will be focusing on strategy, corporate development, alliances, and partnerships along with the company’s positioning within global markets. His appointment will also help the company reach new frontiers in terms of strategy and partnerships. Commenting on his latest appointment as the Chief Strategy […]

Huawei announced a batch of key inventions as part of its biennial “Top Ten Inventions” Awards at the “Broadening the Innovation Landscape 2022” forum held at its Shenzhen headquarters.The award is designed to recognize inventions that could create new series of products, become important commercial features of existing products, or that generate considerable value for […]

In light of World Environment Day, the all-new Eko Plasco Material Recovery Facility (MRF) was launched by Coca-Cola Beverages Sri Lanka Ltd (CCBSL) and Eco Spindles Pvt Ltd on the 8th of June 2022 in Wadduwa. The facility was opened under the auspices of Chief Guest Dr. Anil Jasinghe, Secretary to the Ministry of Environment. […]

INSEE Cement, Sri Lanka’s leading cement manufacturer and supplier, has responded to a humanitarian aid request made by the National Hospital of Sri Lanka’s (NHSL), Medical Intensive Care Unit (MICU). INSEE Cement was able to provide the complete list of urgently needed essential medicines and equipment, including noradrenaline vials, CRRT kits, blood gas cartridges, sensor […]

The Insurance Association of Sri Lanka (IASL), the representative body of the insurance industry in the country appointed its office bearers for the year 2022 recently. Accordingly, the association appointed Iftikar Ahamed, Managing Director of Softlogic Life Insurance PLC as the President, Chandana L. Aluthgama Chief Executive Officer of Sri Lanka Insurance Corporation as Vice […]

The International Monetary Fund (IMF) which is planning an in-person mission to Sri Lanka in the coming weeks has said that the timing of a staff level agreement would depend in part on the strength of the policies the Sri Lankan authorities would propose and would commit to. IMF Director of Communications Gerry Rice at […]

Tapping into healthier revenue generation avenues will create the fiscal space for the government to ramp up infrastructure spend and development

Since EL 2.0 is an interim measure, it should remain so without adding to the disputes and litigation, which could be easily avoided through appropriate clarifications, and this year's Budget is a good opportunity to address some of these issues.