Tied up in tax: Why exporters need a smarter VAT solution
Sri Lanka’s export industries—especially the apparel sector—have long depended on efficient tax mechanisms to remain competitive in global markets. But ...
Tag: vat
President Reaffirms Commitment to Alternative Solutions for Achieving IMF Goals While Easing Public Burden
President Anura Kumara Dissanayake has reaffirmed his commitment to pursuing alternative solutions to meet the goals set by the International ...
VAT increased 12% to 15%
The government has decided to raise the value-added tax (VAT) to 15% with effect from September 1. Currently, that amount ...