tax Archives

March 28, 2024

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) organised an insightful session that explored the latest tax updates affecting both individuals and businesses while assisting them in navigating through the changes. The session titled “Navigating Tax Changes: TIN Registration and Temporary Concessions Explained,” held mid-month, helped individuals, including professionals, understand […]

February 2, 2024

Industry associations, academics and writers express alarm over long-term consequences of making books more expensive for the masses Colombo, Friday 2nd February 2024: The latest salvo against the government’s imposition of value-added tax (VAT) on hitherto exempted sectors came today from Sri Lanka’s book industry, which has called for an immediate reversal of the decision […]

February 2, 2024

Teejay-Lanka-Chairman-Mr-Ajit-Gunewardene-and-CEO-Mr-Pubudu-De-Silva-LBN.jpg

Teejay Lanka PLC has maintained its positive trajectory in the third quarter of 2023-24, recording noteworthy pre- and post-tax profit growth for the three months ending 31st December 2023 and reversing the losses of the corresponding quarter of the previous year. Sri Lanka’s first multinational textile manufacturer has reported profit before tax of […]

November 8, 2022

“JKH records EBITDA growth of 45% to Rs.9.29 billion in Q2” EBITDA* (Rs.000) Quarter ending 30 September Six months ending 30 September Q2 2022/23 Q2 2021/22 % Cumulative 2022/23 Cumulative 2021/22 % Transportation 3,034,882 1,201,158 153 7,586,331 2,224,484 241 Consumer Foods 1,008,997 600,295 […]

CA Sri Lanka helps individuals and businesses navigate through latest tax changes

Book industry makes clarion call for VAT exemption

Teejay records a positive Q3 despite market challenges

JKH records EBITDA growth of 45% to Rs.9.29 billion in Q2