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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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    Thali Costs Climb in June on Vegetable and Fuel Price Surge, says CRISIL

    June 2026’s thali cost increases highlight the interplay of domestic weather, global supply issues, and structural factors in India’s food inflation.
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    Unpaid Burden: Sri Lanka’s Women Work 8.5 Months a Year for Free

    Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.

    Deadly Monsoon Fury: Bangladesh Battles Widespread Flooding Crisis

    This 2026 event arrives after earlier haor region floods earlier in the year, underscoring recurring pressures. Migration to urban centres and climate adaptation efforts remain critical long-term challenges.

    Must read

    Thali Costs Climb in June on Vegetable and Fuel Price Surge, says CRISIL

    June 2026’s thali cost increases highlight the interplay of domestic weather, global supply issues, and structural factors in India’s food inflation.

    Unpaid Burden: Sri Lanka’s Women Work 8.5 Months a Year for Free

    Experts advocate treating care as essential social infrastructure. Expanding services, redistributing unpaid work through policy, and challenging norms that sideline educated women could unlock significant gains.