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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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    El Niño Grows Stronger as India’s Monsoon Faces Fresh Trouble

    The coming weeks will decide how large the final shortfall becomes and how much pressure it puts on farms, water supplies and prices.
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    India’s Monsoon Air Fails WHO Test as 85% Cities Exceed Safe PM2.5 Levels

    The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.

    Pakistan: Government Weighs Agricultural Income Tax to Satisfy IMF Demands

    With the September deadline now publicly acknowledged, both federal and provincial governments face a narrowing window to demonstrate credibility.

    Must read

    El Niño Grows Stronger as India’s Monsoon Faces Fresh Trouble

    The coming weeks will decide how large the final shortfall becomes and how much pressure it puts on farms, water supplies and prices.

    India’s Monsoon Air Fails WHO Test as 85% Cities Exceed Safe PM2.5 Levels

    The failure of the monsoon to bring safe air to the majority of cities in July 2026 is a reminder that clean air remains a distant goal for most urban Indians.