Magzter GOLD ile Sınırsız Olun
Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin
Denemek ALTIN - Özgür
Colombo Rubber Traders' Association warns of industrywide fallout from SVAT removal
Daily FT
|September 29, 2025
THE Colombo Rubber Traders' Association (CRTA) yesterday issued an urgent warning on the severe and far-reaching consequences of the Government's decision to abolish the Simplified Value Added Tax (SVAT) scheme effective 1 October.
-
Echoing the serious concerns raised by other leading export chambers, the CRTA warned that removing the SVAT without a tested and operational refund mechanism will trigger widespread financial distress across Sri Lanka's natural rubber industry, threatening smallholder livelihoods, Small and Medium Enterprise (SME) viability, export competitiveness, and foreign exchange inflows vital to the nation's recovery.
"Removing the SVAT in the absence of a functioning refund system risks plunging the entire value chain into chaos. The Government must act responsibly and decisively to prevent irreversible damage," CRTA Chairman Harin de Silva said.
Bu hikaye Daily FT dergisinin September 29, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Daily FT'den DAHA FAZLA HİKAYE
Daily FT
Court issues notice on IRD over new VAT refund scheme
THE Court of Appeal has issued notice on the Commissioner General of the Inland Revenue Department (IRD) and other State agencies after a writ application challenged the legality of the Government’s newly gazetted VAT refund scheme, which replaced the abolished Simplified VAT (SVAT) system.
1 min
November 24, 2025
Daily FT
Seminar on 'Impact of Budget on the National Economy' at OPA
THE 2026 National Budget focuses on growth while advancing development and debt sustainability. This was highlighted at a seminar on “Impact of the Budget on the National Economy —Way Forward” organised by the Organisation of Professional Associations of Sri Lanka.
3 mins
November 24, 2025
Daily FT
Deputy Minister explains lack of aggressive tax measures in Budget 2026
THE Government kept the 2026 Budget free of aggressive tax mobilisation proposals because households and businesses are already carrying a heavy fiscal load, Deputy Industry and Entrepreneurship Development Minister Chathuranga Abeysinghe told a recent virtual investor forum organised by Tellimer and Softlogic Stockbrokers.
2 mins
November 24, 2025
Daily FT
Unit trust industry sees strong investor activity in October
Assets under management tops Rs. 600 b mark from Rs. 592 b in Sept. Draws 3,628 new unit holders bringing total to 137,224
2 mins
November 24, 2025
Daily FT
Rank to develop Rs. 1 b worth container cargo inspection yard at Hambantota International Port
HAMBANTOTA International Port Group (HIPG) has partnered with Rank Container Terminals Ltd., (RCT) to develop a purpose-built container cargo inspection yard within the Port premises.
1 mins
November 24, 2025
Daily FT
Questions raised over Sri Lanka's DPI strategy and trade reform sequencing
SRI Lanka's current approach to Digital Public Infrastructure (DPI) and trade liberalisation may reinforce inequality rather than reduce it unless access, mobility, and capability gaps are addressed upfront, UNDP Country Economist Dr. Vagisha Gunasekara has warned.
4 mins
November 24, 2025
Daily FT
Barcelona thrash Athletic Bilbao 4-0 on emotional return to Camp Nou
BARCELONA, back at their beloved Camp Nou, have produced a dominant 4-0 victory over 10-man Athletic Bilbao to add to the homecoming celebrations.
1 mins
November 24, 2025
Daily FT
CoPF reviews revenue performance of key Finance Ministry institutions
Public Debt Management Office briefs on Govt.'s Medium-Term Debt Management Strategy for 2026-2030 Outlines annual borrowing plan for 2026, clarifies projected financing requirements and debt sustainability measures BOI says FDI reached $ 827 m in first nine months of 2025 CoPF informs BOI and related agencies to intensify efforts to ensure growth in FDI in coming years Approves eight reports submitted under Public Finance Management Act, No. 44 of 2024
1 min
November 24, 2025
Daily FT
SL faces pressures from Al, trade protections: World Bank economist
Says protected sectors have had negative impact on jobs, sectors in lowtariff regimes have generated most new jobs
2 mins
November 24, 2025
Daily FT
Sri Lankan delegation wraps up high-impact trade and investment mission in Canada
A Sri Lankan business delegation, organised by the Sri Lanka-Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce, with support from the Canada-Sri Lanka Business Convention (CSLBC), the Canadian High Commission in Sri Lanka, and the High Commission of Sri Lanka in Canada, has concluded a trade and investment mission in Canada from 28 October to 14 November.
2 mins
November 24, 2025
Listen
Translate
Change font size