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2 hours ago
President Anura Kumara’s full Budget Speech 2026
President Anura Kumara Dissanayake, in his capacity as Minister of Finance, presented his second Budget Speech in the Parliament today (Nov. 7). MORE..
- Total number of registered taxpayers increased by 300,000 in one year – President
- VAT to be imposed on imported coconut oil and palm oil
- VAT registration threshold reduced to Rs. 36 million from Rs. 60 million
- Govt. allocates Rs. 3.6 bln to expand SLTB long-distance bus fleet
- Govt. proposes changes to Social Security Contribution Levy on vehicles
- Govt allocates Rs. 2 bln to establish new Inland Revenue Department complex
- President Anura Kumara’s full Budget Speech 2026
- 2026 Budget: Projected revenue at Rs. 5.3 bln, Budget deficit 1.75 bln
- 75,000 individuals to absorbed to the state sector - President
- Our Power of People Party decides to extend its support to Govt.
Hot News
2026 Budget: Projected revenue at Rs. 5.3 bln, Budget deficit 1.75 bln
President Anura Kumara Dissanayake today (07) presented the 2026 budget speech in Parliament, the second of the National People’s Power-led government. MORE..
Our Power of People Party decides to extend its support to Govt.
The Ape Janabala Party (Our Power of People Party) has decided to extend its support to the current government. MORE..
75,000 individuals to absorbed to the state sector - President
The state administrative system has been significantly weakened due to the lack of proper recruitment to fill vacancies in the public service for many years, President Anura Kumara Dissanayake stated. MORE..
Govt allocates Rs. 2 bln to establish new Inland Revenue Department complex
The government has proposed to allocate Rs. 2,000 million to establish a new office complex for the Department of Inland Revenue after selecting a suitable location among the proposed sites and conducting a feasibility study. MORE..
Govt. proposes changes to Social Security Contribution Levy on vehicles
The government has proposed to charge the social security contribution levy at the time of import or manufacture and sale of vehicles, and exempt it tax at the time of after-sales. MORE..
Govt. allocates Rs. 3.6 bln to expand SLTB long-distance bus fleet
President Anura Kumara Dissanayake, presenting the 2026 Budget, announced plans to strengthen the public transportation sector by adding 600 buses to the long-distance service fleet operated by the Sri Lanka Transport Board (SLTB). MORE..
VAT registration threshold reduced to Rs. 36 million from Rs. 60 million
The government has decided to reduce the annual turnover threshold for the registration of Value Added Tax and Social Security Contribution Levy from Rs. 60 million to Rs. 36 million. MORE..
VAT to be imposed on imported coconut oil and palm oil
The government has proposed to remove the Special Commodity Levy on imported coconut oil and palm oil and implement the general tax structure including Value Added Tax. MORE..
Total number of registered taxpayers increased by 300,000 in one year – President
President Anura Kumara Dissanayake stated that the total number of registered taxpayers in Sri Lanka has increased by 300,000 as of September 30, 2025 compared to 2024. MORE..
Govt. allocates Rs. 100 mln to boost Sri Lanka’s blue economy
The government has allocated Rs. 100 million to conduct a comprehensive study on the potential economic benefits of Sri Lanka’s blue economy, recognizing its vital role in national prosperity and sustainable development, President Anura Kumara Dissanayake stated. MORE..
No vehicle permits for MPs in future – President
President Anura Kumara Dissanayake says the issuance of vehicle permits for Members of Parliament will not be issued in future. MORE..
Pradeep Nilanga Dela elected as Diyawadana Nilame of Dalada Maligawa for third term
Pradeep Nilanga Dela has been elected as the Diyawadana Nilame of the Kandy Dalada Maligawa for a third term. MORE..
Govt. proposes ‘A Safe Home for Every Individual’
The government has decided to implement a housing development programme in 2026 with a new approach encompassing all social groups facing housing issues. MORE..
Public servants to receive increased loan facilities and welfare benefits under Budget 2026
President Anura Kumara Dissanayake, in his 2026 Budget Speech, announced several new measures to provide financial and welfare benefits to public sector employees. MORE..
Rs. 110 billion allocated for second phase of public sector salary revisions – President
President Anura Kumara Dissanayake, presenting the 2026 Budget, announced several key measures concerning public sector salaries and pensions to ensure sustainability and fairness within the system. MORE..
Govt. proposes facilities to care of street dogs and burial of pets in Kesbewa and Piliyandala
The government has decided to implement a pilot project in Kesbewa and Piliyandala with the aim of allocating facilities to take care of stray dogs and pets and also places for the burial and cremation of pets. MORE..
75,000 individuals to absorbed to the state sector - President
The state administrative system has been significantly weakened due to the lack of proper recruitment to fill vacancies in the public service for many years, President Anura Kumara Dissanayake stated. MORE..
Govt allocates Rs. 2 bln to establish new Inland Revenue Department complex
The government has proposed to allocate Rs. 2,000 million to establish a new office complex for the Department of Inland Revenue after selecting a suitable location among the proposed sites and conducting a feasibility study. MORE..
Govt. proposes changes to Social Security Contribution Levy on vehicles
The government has proposed to charge the social security contribution levy at the time of import or manufacture and sale of vehicles, and exempt it tax at the time of after-sales. MORE..
Govt. allocates Rs. 3.6 bln to expand SLTB long-distance bus fleet
President Anura Kumara Dissanayake, presenting the 2026 Budget, announced plans to strengthen the public transportation sector by adding 600 buses to the long-distance service fleet operated by the Sri Lanka Transport Board (SLTB). MORE..
VAT registration threshold reduced to Rs. 36 million from Rs. 60 million
The government has decided to reduce the annual turnover threshold for the registration of Value Added Tax and Social Security Contribution Levy from Rs. 60 million to Rs. 36 million. MORE..
VAT to be imposed on imported coconut oil and palm oil
The government has proposed to remove the Special Commodity Levy on imported coconut oil and palm oil and implement the general tax structure including Value Added Tax. MORE..
Total number of registered taxpayers increased by 300,000 in one year – President
President Anura Kumara Dissanayake stated that the total number of registered taxpayers in Sri Lanka has increased by 300,000 as of September 30, 2025 compared to 2024. MORE..
Govt. allocates Rs. 100 mln to boost Sri Lanka’s blue economy
The government has allocated Rs. 100 million to conduct a comprehensive study on the potential economic benefits of Sri Lanka’s blue economy, recognizing its vital role in national prosperity and sustainable development, President Anura Kumara Dissanayake stated. MORE..
No vehicle permits for MPs in future – President
President Anura Kumara Dissanayake says the issuance of vehicle permits for Members of Parliament will not be issued in future. MORE..
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Govt remains committed to supporting all efforts aimed at reducing the risk of leprosy – President (English)
Technology
Elon Musk’s $1tn pay deal approved by Tesla shareholders
Tesla boss Elon Musk has had a record-breaking pay package that could be worth nearly $1tn (£760bn) approved by shareholders. MORE..
Media Law Forum relaunches 24/7 legal hotline for environmental journalists in Sri Lanka
Media Law Forum relaunches 24/7 legal hotline for environmental journalists in Sri Lanka
The Media Law Forum (MLF) announced the official relaunch of its Emergency Legal Hotline dedicated specifically to environmental journalists in Sri Lanka. MORE..
Amazon recovers from disruption as user reports fall sharply, Downdetector says
Amazon recovers from disruption as user reports fall sharply, Downdetector says
Amazon website recovered for most users in the United States on Wednesday, according to outage tracking website Downdetector.com. MORE..
Reddit added to Australia’s social media ban on under-16s
Reddit added to Australia’s social media ban on under-16s
Popular forum site Reddit has been added to Australia’s world-first social media ban for children under 16 that starts next month. MORE..
Entertainment
Tamil Superstar Rajinikanth and Kamal Haasan to reunite for Thalaivar 173
Superstar Rajinikanth is set to headline a new film, ‘Thalaivar 173’, which will be directed by Sundar C and produced by Kamal Haasan. MORE..
Miss Universe president slams Thai director for Miss Universe Mexico ‘dumb’ remarks
Miss Universe president slams Thai director for Miss Universe Mexico ‘dumb’ remarks
Raul Rocha, the president of Miss Universe Organization, released a video on Wednesday condemning the actions of Nawat Itsaragrisil, director of Miss Universe Thailand, who was seen reprimanding Miss Universe contestants during a livestream on Tuesday. MORE..
Popular South Indian actor Sarath Kumar arrives in Sri Lanka
Popular South Indian actor Sarath Kumar arrives in Sri Lanka
Popular South Indian film actor Sarath Kumar arrived in Sri Lanka this morning (05). MORE..
‘Wicked’ star Jonathan Bailey named ‘sexiest man alive’ by People magazine
‘Wicked’ star Jonathan Bailey named ‘sexiest man alive’ by People magazine
English actor Jonathan Bailey, who returns to movie theaters this month in the musical film “Wicked: For Good,” was named this year’s “sexiest man alive” by People magazine on Monday. MORE..
Exchange Rates
Country |
Buying |
Selling |
|---|---|---|
USA
U.S.Dollar |
301.1033 | 308.6506 |
UK
Sterling Pound |
393.7443 | 406.2347 |
Europe
Euro |
346.0604 | 357.5253 |
Switzerland
Swiss Franc |
370.4024 | 385.3232 |
Canada
Canadian Dollar |
211.8098 | 219.6859 |
Australia
Australian Dollar |
192.7655 | 201.9010 |
Singapore
Singapore Dollar |
228.9282 | 238.2603 |
Japan
Japanese Yen |
1.9577 | 2.0262 |
Country |
Currency |
Rate |
|---|---|---|
Bahrain
|
Dinar | 808.8968 |
Kuwait
|
Dinar | 993.4167 |
Oman
|
Rial | 792.0577 |
Qatar
|
Riyal | 83.6706 |
Saudi Arabia
|
Riyal | 81.3135 |
UAE
|
Dirham | 83.0349 |
Sports
NFL player Marshawn Kneeland of Dallas Cowboys dies aged 24 in apparent suicide
Police in a Dallas suburb say 24-year-old Dallas Cowboys defensive end Marshawn Kneeland was found dead of an apparent suicide after evading authorities in his vehicle and fleeing the scene of an accident on foot. MORE..
Suresh Raina, Shikhar Dhawan’s Rs. 111.4 million assets attached in betting app money-laundering probe
Months after questioning former Indian cricketers, the Enforcement Directorate (ED) of India said Thursday that it has attached movable and immovable assets worth approximately Rs. 111.4 million belonging to Suresh Raina and Shikhar Dhawan in connection with a money laundering case linked to 1xBet, an online betting platform. MORE..
RCB put on sale; new owner likely before March 31
Indian Premier League team Royal Challengers Bengaluru (RCB) has been put on sale. As per the disclosure made by the IPL franchise, Diageo - the owner of the IPL and WPL teams - has already initiated the sale process and is confident of completing the sale by March 31, 2026. MORE..
Sean Williams in rehab for drug addiction, will not be considered for Zimbabwe selection
Veteran all-rounder Sean Williams has informed Zimbabwe Cricket (ZC) about his struggles with drug addiction. As a result, the 39-year-old will now not be considered for selection to the national team. Williams’ central contract will also not get renewed after it expires this year. MORE..
Cricket boards set to discuss Asia Cup fallout during ICC meeting
The fallout from the Asia Cup 2025 fracas between India and Pakistan, the governance crisis at USA Cricket, and tensions between the ICC and the World Cricketers’ Association over player-image rights are set to dominate discussions across various forums at this week’s ICC quarterly meetings in Dubai. MORE..
