Tax-free threshold to rise to Rs. 162,500 a month in Budget 2027
Budget 2027 proposes lifting the monthly income tax-free threshold from Rs. 150,000 to Rs. 162,500 and adding a new 12 percent tax rate from April 2027.
Free dual citizenship proposed for diaspora spouses, children, grandchildren
The 2027 Budget proposes free dual citizenship for spouses, children and third-generation descendants of Sri Lankans under a new Global Sri Lankan…
Sprats, Maldive fish levy cut to Rs. 10 a kilo; sugar levy rises
The Special Commodity Levy on imported sprats and Maldive fish falls to Rs. 10 a kilo from 13 November, while the sugar…
Budget 2027: Rs. 2,500 pensioner allowance, kidney patients’ aid raised
The 2027 Budget proposes a Rs. 2,500 monthly allowance for pensioners who retired in 2020-2024 and a higher monthly payment for kidney…
Local & Politics
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Govt to hire 110,000 more public servants as 148,940 posts cleared
President Dissanayake said in the 2027 Budget that 148,940 public sector vacancies are approved, about 40,000 filled, and funds will be set…
Business
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Budget 2027 slashes levy on sprats and Maldive fish, lifts VAT on school books
The 2027 Budget cuts import levies on sprats, Maldive fish and dried chillies from 13 November, raises the sugar levy and exempts…
Sports
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Sri Lanka fall to seventh in ODI rankings as Afghanistan climb to sixth
Afghanistan have overtaken Sri Lanka to reach sixth in the ICC men's ODI rankings, though Sri Lanka's 2027 World Cup place is…
World & Diaspora
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Dutch Embassy warns of fake Netherlands job offers and forged immigration letters
The Embassy of the Netherlands in Sri Lanka says several people have fallen victim to fake job schemes and forged immigration letters,…