The Excise taxes on products such as cigarettes and alcohol are a significant source of government revenue. Understanding how these taxes should be adjusted in keeping with price increases and being diligent in implementing ...

This Infographic shows the 8th and 9th Parliamentary Contribution of Wijayadasa Rajapaksha.

In the month of April 2021, articles published in Divaina and Aruna used derogatory terms such as "kudda" and "mathloliya", which is considered disrespectful and is against media ethics guidelines.

In Sri Lanka, ‘Cess’ is the name given to a special tax imposed on sales, where the revenue is earmarked for a specific fund with a particular economic purpose. This article discusses how the government has stymied export ...

TRUE: CBSL Annual Report states Sri Lanka's budget deficit for 2020 [was a] huge 11%. But it should be even higher at 14%. - Harsha de Silva, Harsha de Silva's Official Twitter, 1 May 2021

TRUE: 35% of our country's national income is enjoyed by 10% of the population. - Gayantha Karunatilleka, Divaina, 30 March 2021

PARTLY TRUE: [Sathosa] was an institution that did not incur losses before 2015. Sathosa has lost 20 billion rupees during the last five years (2015 – 2019). - Bandula Gunawardana, Daily News, 10 March 2021

PARTLY TRUE: As of now (February 2021), the total ISBs outstanding is USD 14 billion, which is only 16.7 percent of Sri Lanka’s total debt. None of the other creditors who hold 83.3 percent of Sri Lanka’s debt seem to show ...

FALSE: “If it is to reach the community transmission level, the positive rate would have drastically spiraled parallel to the number of PCR tests. At present, Sri Lanka is not experiencing such a situation”. - Asela ...

PARTLY TRUE: The price of a litre of 95 octane petrol is Rs. 161 and this can be priced at Rs. 94. A litre of super diesel is sold at Rs. 132 and this price can be reduced to Rs. 77. A litre of diesel is sold at Rs. 104 ...