Verite Research Institutional Knowledge Repository: Recent submissions
Now showing items 41-60 of 2298
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Report to the Hon. Minister of Finance as required under Section 64 and 68 of the Monetary Law Act
(2022-03-10)This report dated 10th March 2022, was submitted by Ajith Nivard Cabraal, the Governor and the Chairman of the Monetary Board of Sri Lanka to Basil Rajapaksa, the Hon. Minister of Finance, under Section 64 and Section 68 ... -
Personal income tax (PIT): SL’s tax burden is less at lower incomes but more at high incomes compared to South Asia
(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 ... -
Personal Income Tax (PIT): SL has the highest income tax rate at a lower income level in South Asia
(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
(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, ... -
Budget performance 2023 - Expenditure: Limit overshot by LKR 104 billion
(Colombo: Verite Research, 2024)The Ministry of Finance Annual Report, released on 31st May 2024, shows that in 2023, the Government of Sri Lanka exceeded its total expenditure by LKR 104 billion. The total expenditure budgeted based on the government’s ... -
Sanitary napkins: Subjected to unreasonably high taxes
(Colombo: Verité Research, 2024-03)The total tax burden on Sanitary napkins in 2024 is 47.1%, this is significantly higher than the tax burden of selected non-essentials items, gold jewellery, raw silk, golf clubs and golf balls and military artillery weapons. -
මේ සතියේ මාධ්‍ය ආචාර ධර්මය - LGBTQI+ ප්‍රජාව පිළිබඳ වාර්තා කරන්නේ මෙහෙමයි! - අපි වෘත්තීමය මාධ්‍ය කලාවක නිරත වෙමු.
(Colombo: Verité Research, 2024-01-24)On January 24, 2024, the Ethics Eye team published a three-slide post as part of their "Ethic of the Week" series. The post aimed to educate both media professionals and the public on the proper guidelines for reporting ... -
ඔබ තෝරා ගන්නා සිරස්තලය?
(Colombo: Verité Research, 2024-01-12)On January 9, 2024, the Aruna, Dinamina, and Lankadeepa newspapers reported on an attempted sexual crime involving an actress. However, the headlines in these three publications trivialised the incident. In contrast, on ... -
ලිංගික අපරාධයක්, ඝාතනයක්, සහ වාර්තාකරණ කිහිපයක්
(Colombo: Verité Research, 2024-01-11)On January 3 and 7, 2024, the Sathi Aga Aruna, Aruna, Dinamina, Silumina, and Mawbima newspapers reported on a sexual crime and the murder of a senior citizen. However, these publications inappropriately focused on the ... -
Ethics Eye නිරීක්ෂකයෙකු වන්න ඔබටත් පුළුවන්!
(Colombo: Verité Research, 2024-01-08)On January 8, 2024, the Ethics Eye team published a three-slide post on their facebook page encouraging followers and others to join the team as external media ethics violation spotters. -
Petrol and Diesel Market Prices vs. Formula Price in October
(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 ... -
Economic Transformation Act (ETA) sets a primary balance target of 2.3% of GDP: Sri Lanka has achieved this target only once in last 74 years
(Colombo: Verité Research, 2024-08-27)The Economic Transformation Act (ETA), enacted recently, sets out five targets related to the fiscal management of the government to be achieved in the coming years. , These targets, mentioned below, are aimed at ensuring ... -
WHT and PAYE had the largest growth in Q3 2023
(Colombo: Verité Research, 2024)The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue ... -
Primary and Budget Balances move in opposite directions as interest payments increase!
(Colombo: Verité Research, 2024-01)The Fiscal Management Report 2024 published by the Ministry of Finance, shows that the Primary Balance improved from LKR -317 Bn in 3rd quarter 2022 to a positive LKR 124 Bn in 3rd quarter 2023. The Budget Deficit, however, ... -
Interest Costs Have Been Eating Up Revenue
(Colombo: Verité Research, 2024)In 2023, for the first time in history, the government spent 9% of its GDP on interest payments, which took up 80% of the government revenue. A high interest-to-revenue ratio can be severely detrimental to a country's ... -
කාන්තාවන් පමණක් සෘණාත්මකව ඉස්මතු කෙරෙන්නේ මන්ද?
(Colombo: Verité Research, 2024-01-09)On January 4, 2024, Lankadeepa newspaper reported on the arrest of three individuals for drug possession. The article notably singled out the woman in both the headline and the content, despite the involvement of a male ... -
දිවි තොර කර ගැනීම් වාර්තා කිරීමේදී සැලකිලිමත් වෙමු!
(Colombo: Verité Research, 2024-01-11)On January 8, 2024, an article published in Lankadeepa newspaper reported on the suicide of a woman. The language used in the article placed blame on the victim and oversimplified the complex factors contributing to her ... -
"සුරූපී" නැවතත්? - කාන්තාවන් ඒකාකෘතික කිරීම් සහ මාධ්‍ය ආචාර ධර්ම
(Colombo: Verité Research, 2024-01-09)On January 7, 2024, Hiru news covered an incident involving the exhumation of a woman's body from a cemetery. The report referred to the deceased using the terms "සුරූපී (Surupi)" and "සුරූපිනිය (Surupiniya)" which contribute ... -
"තරුණ තරුණියන් 50,000ක් ඇඟ මිරිකයි" - මෙම සිරස්තලය කෙතරම් යෝග්‍ය ද?
(Colombo: Verité Research, 2024-01-08)On January 5, 2024, an article published in Aruna newspaper used the term "ඇඟ මිරිකයි (Aga Mirikai)" to refer to professional massage therapists working at spas. Such language perpetuates stigma and undermines the ... -
The Cost of a Kevili Table in 2024
(Colombo: Verité Research, 2024-04-06)During Avurudu 2024, the cost of preparing a Kevili table was 2% less than in 2023. The ingredients used were taken from the popular YouTube Channel Appe Amma.