Now showing items 104-123 of 219

    • Only 11 out of 52 SOEs have Published Financial Data up to 2022! 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2023-07-13)
      Out of the 52 Key State-Owned Enterprises identified by the Ministry of Finance, only 11 have released their financial reports until the year 2022 as of June 30th, 2023. This progress does not align with Sri Lanka’s ...
    • Over Estimation of Social Security Contribution 

      Public Finance Infographics;
      Econ Team
      (2021-12-10)
      Budget 2022 proposed a Social Security Contribution (SSC) tax to rebuild the Sri Lankas Economy from the COVID- 19 pandemic. SSC is charged at 2.5% on an annual turnover exceeding LKR 120 million. This tax is proposed to ...
    • Ownership of Sri Lanka’s Outstanding Foreign Debt in 2020 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2022-02-15)
      Sri Lanka owes approximately 40% of its total central government debt to foreign creditors in the form of bilateral debt, multilateral debt and financial markets. The infographic shows the distribution of ownership of the ...
    • Personal Income Tax (PIT): SL has the highest income tax rate at a lower income level in South Asia 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2024)
      Sri Lanka imposes its highest tax rate at a relatively lower income threshold compared to other South Asian countries. Individuals earning over LKR 308,333 per month are subject to a steep 36% tax rate, making Sri Lanka ...
    • Personal Income Tax (PIT): SL has the highest level of income with zero tax in South Asia 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2024)
      Sri Lanka has the highest tax-free income threshold in South Asia – without the Maldives. Citizens are exempt from paying income tax unless they earn over LKR 1.2 million annually (LKR 100,000 per month). In comparison, ...
    • Personal income tax (PIT): SL’s tax burden is less at lower incomes but more at high incomes compared to South Asia 

      Econ Team (Colombo: Verite Research, 2024)
      Sri Lanka's personal income tax burden varies significantly between lower and higher income levels. At lower incomes, particularly for those earning below LKR 250,000 per month, the tax burden—measured as the percentage ...
    • Petrol and Diesel Market Price vs. Formula Price in April 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-04-02)
      In April 2025, the market price of Petrol 92 Octane reduced by LKR 10 aligning itself to the reduction in the cost reflective formula price. The price of Auto Diesel, however, did not reduce even though the formula price ...
    • Petrol and Diesel Market Price vs. Formula Price in August 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-08-01)
      Fuel prices remained unchanged in August 2025, with the market price of Octane 92 Petrol at LKR 305.00 and Auto Diesel at LKR 289.00. However, the formula price for petrol fell to LKR 296.10 from LKR 301.12 in July, while ...
    • Petrol and Diesel Market Price vs. Formula Price in January 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-01-29)
      On 01 January 2025, the market prices of 92-octane petrol and auto diesel remained unchanged. However, the Public Finance Fuel Price Tracker indicates that both fuel types continue to be priced above their respective formula ...
    • Petrol and Diesel Market Price vs. Formula Price in June 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-06-04)
      Fuel prices remained unchanged in June 2025, with the market price of Octane 92 petrol at LKR 293.00 and auto diesel at LKR 274.00. However, the formula price has dropped for both petrol and diesel. The market price of ...
    • Petrol and Diesel Market Price vs. Formula Price in March 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-03-05)
      Since December 2024, the market prices of 92-octane petrol and auto diesel have remained at LKR 309 and LKR 286 per litre, respectively, despite fluctuations in formula prices between January 2025 and March 2025. According ...
    • Petrol and Diesel Market Price vs. Formula Price in May 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-05-03)
      In May 2025, the prices of both Petrol 92 and Auto Diesel were reduced in Sri Lanka. Petrol 92 dropped by LKR 6 per litre, while Auto Diesel saw a more significant cut of LKR 12 per litre. This marks the fourth consecutive ...
    • Petrol and Diesel Market Price vs. Formula Price in November 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-11-04)
      On 01 November 2025, the market price of Octane 92 Petrol reduced to LKR 294 from LKR 299 at the start of October, while the market price of Auto Diesel remained unchanged at LKR 277. Over that period, the prices computed ...
    • Petrol and Diesel Market Price vs. Formula Price in October 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-10-03)
      On 01 October 2025, the market price of Octane 92 Petrol remained unchanged at LKR 299.00, while the market price of Auto Diesel had reduced to LKR 277.00 from the LKR 283.00 price at the start of September. Over that ...
    • Petrol and Diesel Market Price vs. Formula Price in September 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-09-02)
      Fuel prices reduced in September 2025, with the market price of Octane 92 Petrol falling to LKR 299.00 from LKR 305.00 in August, and Auto Diesel declining to LKR 283.00 from LKR 289.00 in the same time frame. However, the ...
    • Petrol and Diesel Market Prices vs. Formula Price in November 2024 

      Econ Team (Colombo: Verité Research, 2024-11)
      Following the monthly fuel price revision on 01 November 2024, the market price of 92 octane petrol and the market price of auto diesel remained unchanged. However, the cost-reflective fuel formula prices for 92 octane ...
    • Petrol and Diesel Market Prices vs. Formula Price in October 2024 

      Econ Team (Colombo: Verite Research, 2024)
      Following the monthly fuel price revision for October, the market price of 92-octane petrol is LKR 10 above the fuel price formula, and the market price of Auto diesel is LKR 22 above the fuel price formula, as shown by ...
    • Petrol and Diesel vs. fuel price formula in July 2024 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verite Research, 2024-07-03)
      Following the monthly fuel price revision for July, the market price of 92-octane petrol is LKR 16.67 above the fuel price formula, and the market price of Auto diesel is LKR 21.68 above the fuel price formula, as shown ...
    • Petrol Market Price vs. Formula Price in December 2025 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2025-12-08)
      Fuel price update The market price of petrol 92 remained unchanged while the formula price shot up by LKR 6.71, widening the gap between the two to LKR 7.96. This is the largest gap between the two prices in an ...
    • Petrol Market Price vs. Formula Price in March 2026 

      Public Finance Infographics;
      Econ Team
      (Colombo: Verité Research, 2026-03-05)
      The government announced its monthly fuel price revision on 28th February, as global oil prices surged amid conflict in the Middle East. However, the revision is based on international price inputs up to end-February, ...