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    Tag:Tax

    Finance and Economy

    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...
    OWSA Contributor -
    Accountability

    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...
    OWSA Contributor -
    Accountability

    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...
    East Asia Forum -
    Finance and Economy

    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...
    Inter Press Service -
    Accountability

    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...
    East Asia Forum -
    Accountability

    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...
    OWSA Contributor -
    Finance and Economy

    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...
    Policy Circle -
    Governance

    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...
    OWSA Contributor -
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    Agriculture

    El Niño Cuts Monsoon Rainfall by 43 Per Cent; 315 Districts Across 12 States Likely to be Affected

    The centre has sounded an alarm over the likely impact of El Niño on India's 2026 southwest monsoon, warning that 315 districts across 12 states could face significant rainfall deficits during the crucial kharif cropping season.
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    Civil society

    Video Competition for Youth to Celebrate Shared Heritage Through Digital Creativity

    As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
    Accountability

    RTI Act at 22: Applications Rise but Rejections, Backlogs and ECI Denials Raise Questions on Implementation

    As the Act enters its third decade, bridging the gap between statistics and real transparency remains the central challenge.

    Must read

    Agriculture

    El Niño Cuts Monsoon Rainfall by 43 Per Cent; 315 Districts Across 12 States Likely to be Affected

    The centre has sounded an alarm over the likely impact of El Niño on India's 2026 southwest monsoon, warning that 315 districts across 12 states could face significant rainfall deficits during the crucial kharif cropping season.
    Civil society

    Video Competition for Youth to Celebrate Shared Heritage Through Digital Creativity

    As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
    Agriculture

    Heatwave-Driven Power Surge Tests India’s Energy Resilience as El Niño Looms for FY27

    India’s electricity sector has witnessed an unprecedented spike in consumption, driven by an intense and prolonged heatwave that gripped much of the country in May 2026.
    Bangladesh

    Bangladesh Launches IMF Negotiations for $4 Billion Fresh Loan Amid Economic Reset

    As the delegation arrives in Dhaka, all eyes will be on the specifics of the reform agenda and financing assurances.
    Accountability

    UN Warns of Mounting Crises in Afghanistan as Security Incidents Surge 57% Under Taliban Control

    In a sobering assessment released this week, the United Nations has painted a complex portrait of Afghanistan under Taliban governance, where a dramatic increase in security incidents coincides with fragile stability, devastating cross-border violence with Pakistan, and a deepening humanitarian and human rights crisis.

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