Colombo (News1st): The Ministry of Finance and Mass media issuing a statement said a Vote on Account to cover the expenditures of the first four months of 2019 will be presented to Parliament tomorrow (December 21). It noted that Minister Mangala Samaraweera received the cabinet approval for the ...

COLOMBO (News 1st) - The Ministry of Finance and Mass Media has established a regulatory framework enabling the Sri Lankan companies to initiate Business to Consumer direct E-Commerce transactions with overseas customers. Accordingly, companies or exporters in Sri Lanka can send goods of any numb...

Colombo (News1st) - The Government expects to borrow Rs.1,944 billion from local and foreign sources for its debt servicing including the financing of the budget deficit in 2019 according to the Ministry of Finance. Issuing a media release on the Appropriation Bill for 2019 (Budget 2019), the Min...

COLOMBO (News 1st) - The Cabinet of Ministers has decided to appoint a Special Salaries Commission to increase public sector salaries. Issuing a communique the Ministry of Finance and Mass Media said the Commission will be tasked with increasing the salaries of all state sector employees and reso...

Colombo (News1st) - The Ministry of Finance and Mass Media says no changes have been made to the tax rate for the calculation of income tax or the PAYE tax. A media release by the Ministry noted members of the Association of Medical Specialists met with Minister Mangala Samaraweera and agreement ...