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    Tag:Tax

    Sri Lanka’s High Alcohol Taxes Spur Surge in Illicit Consumption

    The tax burden on alcohol has significantly increased. As of July 1, 2023, taxes on absolute proof alcohol were raised from 5,000 rupees to...

    UN Proposes Global Tax Convention to Support Sustainable Development Goals

    The new tax convention is particularly significant for developing countries. An inclusive tax system is vital for these nations to strengthen their domestic resource...

    Sri Lanka’s Crisis of Legitimacy

    In this period of national trauma, all is not lost to Sri Lanka. The political and economic upheavals may yet usher a renewed commitment...

    Sri Lankan Economic Crisis Inflicted by Self-Serving Elite

    Once deemed a basic human needs success story, Sri Lanka is now in its worst economic crisis since independence in 1948. Nonetheless, Sri Lanka’s...

    Sri Lanka’s Political Turmoil Risks Derailing the Economy Further

    Sri Lanka is facing unprecedented political turmoil, and with the economy in a tailspin it is in its weakest state in decades. The country...

    IMF red flags Sri Lanka’s China-backed tax free zone

    The Colombo Port City SEZ conflicts with OECD’s minimum global tax regime. As a dollarized entity, the Port City has been envisaged to be...

    Budget 2022: Optimism of policy makers may be misplaced

    Those drawing confidence from the mountain of reserves should know well that the central banks would not dare to run down the reserves even...

    SouthAsia calls for increased tax revenues from the digitalized economy

    Recent research indicates that a tax-GDP ratio above 15 per cent is a “tipping point” that helps countries generate sufficient domestic resources that can...

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    UN Agencies Sound Alarm as Record-Breaking El Niño Threatens Global Humanitarian Crisis

    The UN appeal comes at a moment when humanitarian funding is already stretched by multiple crises. While CERF has provided rapid support, broader donor commitments remain insufficient relative to the scale of projected need.
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    Sri Lanka Lays Foundation for Critical Groundwater Hub in Jaffna to Combat Salinity Crisis

    A Rs 189 million facility aims to monitor and protect the fragile aquifers that sustain nearly 600,000 people on...

    Silent Epidemic: Lead Exposure Steals Futures Across South Asia

    South Asia’s lead crisis is not inevitable. Experience elsewhere demonstrates that decisive regulation, industrial formalisation and community-level interventions can sharply reduce exposure.

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    UN Agencies Sound Alarm as Record-Breaking El Niño Threatens Global Humanitarian Crisis

    The UN appeal comes at a moment when humanitarian funding is already stretched by multiple crises. While CERF has provided rapid support, broader donor commitments remain insufficient relative to the scale of projected need.