Sri Lanka is among the countries to collect the ... tax package the authorities have introduced, including the new tax rate schedule for the personal income tax, helps to meet these objectives.

In the coming years, Sri Lanka will need to balance its elevated debt repayment schedule with its need to ... including its top export garments, tax free to the EU. In 2017, Parliament passed ...

Sri Lanka has a new answer to toll booths -- a tax-collecting elephant. Instead of searching the car for some spare change, you must offer up a tasty snack before Raja allows you to pass.

COLOMBO, Sri Lanka — Sri Lanka has so far failed to make enough progress in boosting tax collection and other economic reforms for the International Monetary Fund to release a second tranche of ...

COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka’s president on Monday proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst ...

COLOMBO (Reuters) -Sri Lanka should avoid tax exemptions and focus on passing a national budget that is in line with parameters set by the International Monetary Fund to continue with a $2.9 ...