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Rs 10.5 billion in unpaid excise duty yet to be raked in

The Island

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October 23, 2025

Rs. 10.5 billion, in unpaid excise duty, is yet to be recovered by the Department of Excise, Deputy Minister of Economic Development Nishantha Jayaweera informed Parliament yesterday.

Opening the second reading stage debate on the regulations under the Excise Ordinance, the Deputy Minister made this revelation.

The Island からのその他のストーリー

The Island

The Island

England claim series after rain ruins Auckland decider

England claimed the spoils in their T20I series against New Zealand, after the third and final match at Auckland went the same way as the series opener in Christchurch — lost to the weather as steady early-season rain swept in to curtail the contest after just 3.4 overs.

time to read

2 mins

October 24, 2025

The Island

The Island

Mahindra Ideal Finance strengthens financial access for Sri Lanka's working entrepreneurs

Sri Lankans across the island rely on three-wheelers, vans, motorbikes, and small trucks not just for transport, but for income.

time to read

2 mins

October 24, 2025

The Island

The Island

Würth Lanka partners David Pieris’ “SpeedBay Circuit” as Platinum Partner

Wiirth Lanka (Pvt) Ltd, one of the leading brands in the automotive aftermarket space, recently partnered with “SpeedBay”, David Pieris Group of Companies’ motorsport arm as its “Platinum Partner”, enhancing its presence at the SpeedBay go-kart racing circuits at Pearl Bay in Bandaragama and Port City in Colombo.

time to read

1 mins

October 24, 2025

The Island

Profit-takings derail bourse's bullish run but investor optimism prevails

CSE trading was extremely bullish at first but later indicated mixed reactions due to profittakings during the latter part of the session.

time to read

1 mins

October 24, 2025

The Island

Yodhasinghe, Amasha among Sri Lanka hopefuls bidding for fastest athlete titles

Sri Lankan contingent of more than 50 athletes will have quite a challange in recovering fast from their long journey when the fourth edition of the South Asian Senior Athletics Championship commences at Birsa Munda Stadium in Ranchi, India today.

time to read

1 min

October 24, 2025

The Island

Keells and Uber Eats partner to bring on-demand grocery delivery to Sri Lankan homes

Uber Eats and Keells have partnered to launch on-demand delivery of groceries, household items, fresh produce and more from Keells outlets across Sri Lanka.

time to read

2 mins

October 24, 2025

The Island

Sri Lanka: 30% of stroke patients are between 20 and 60 years of age

Authorities warn ahead of World Stroke Day that one out of every four people will suffer a stroke

time to read

1 min

October 24, 2025

The Island

Three-day security sweep of parliament complex ahead of Budget presentation by President on Nov 07

A special three-day security inspection would be carried out at the Parliament complex in early November ahead of the presentation of the 2026 Budget, Speaker Dr. Jagath Wickramaratne informed the House yesterday (23).

time to read

1 min

October 24, 2025

The Island

England win series vs New Zealand after rain ruins third T20

England's third T20 against New Zealand was washed out by rain in Auckland, giving Harry Brook's side a 1-0 series victory.

time to read

1 min

October 24, 2025

The Island

India may sharply cut Russian oil purchases to avoid sanctions: Report

According to Reuters, India’s state-owned refiners have begun reviewing supply arrangements

time to read

2 mins

October 24, 2025

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