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IMF pushes for new tax on SL homeowners, vacant properties by 2025

Premium Article

The International Monetary Fund (IMF), in its latest report on Sri Lanka has proposed an imputed rental income tax from owner-occupied and vacant residential property to be introduced by April 1, 2025, with an exemption threshold and a graduated tax rate schedule.

15 Jun 2024 - 28     - 4754

  Presidential election on October 05?

Minister Harin Fernando today (14) revealed that an election is scheduled to take place on October 05 this year.


  Sri Lanka unveils roadmap to ease vehicle import restrictions by 2025: IMF


  Tragedy in the wild as 150 jumbos perish in five months


LATEST NEWS

NPP government will continue Provincial Council system: Anura Kumara

The Provincial Council system will continue in its current form under the National People’s Power government until a new system is identified to create harmony among the Sinhala, Tamil and Muslim communities, NPP leader Anura Kumara Dissanayake said today.

8 hours ago - 0     - 550

India v Canada latest T20 World Cup rain victim at wet Lauderhill

The ill-fated Florida leg of the T20 World Cup was hit by another abandoned match on Saturday with a wet outfield leading to the India and Canada game being called off.

9 hours ago - 0     - 237

Maldivian Democratic Party initiates reform roadmap to restructure party

The Maldivian Democratic Party (MDP) has announced the development of a comprehensive reform roadmap to institutionalise itself as the main opposition party.

15 Jun 2024 - 1     - 311

Don’t talk nonsense about debate in front of kids: NPP tells Sajith

Claiming that SJB leader Sajith Premadasa has evaded the scheduled debate with NPP leader Anura Kumara Dissanayake on June 6, NPP Executive Committee member Dr. Nalinda Jayatissa said Premadasa must stop talking various things in front of kids about the debate now.

15 Jun 2024 - 7     - 1430

Indian External Affairs Minister to visit Sri Lanka on June 20

Dr. S. Jaishankar, the External Affairs Minister of India, is slated to arrive in Sri Lanka on June 20 for an official visit, the Ministry of Foreign Affairs announced.

15 Jun 2024 - 5     - 688

New draft constitution calls for restructuring of Sri Lanka Cricket Board

The new draft constitution for the Sri Lanka Cricket Board was handed over to President Ranil Wickremesinghe at the Presidential Secretariat today, the President’s Media Division (PMD) said.

15 Jun 2024 - 10     - 2207

Two boys drown off Negombo beach

Two young boys drowned while bathing in the sea off the beach close to the Negombo town last evening, Police said.

15 Jun 2024 - 1     - 1277

CCTV evidence leads to issue over 4,500 fines for traffic violations

Traffic fines have been issued to more than 4,500 motorists who violated traffic rules, identified through the CCTV system in Colombo.

15 Jun 2024 - 3     - 1132

Shooting at Uddika’s vehicle: Police seek court order to arrest ASP

The Ministry of Public Security said that the police will seek a court order for the arrest of Assistant Superintendent of Police Sanjeeva Mahanama, who has been accused of shooting at the vehicle of actor turned MP Uddika Premaratne.

15 Jun 2024 - 1     - 1604

Police hunt Vedda members, foreign national for slaughtering peacock

The police are on the lookout for the arrest of five persons of the Vedda community and a foreign national for slaughtering a peacock, roasting its meat and consuming it inside the Maduru-Oya National Park.

15 Jun 2024 - 10     - 3303

Contempt of court: Legal battle on against Hirunika

A contempt of court application filed against former Parliamentarian Hirunika Premachandra was today fixed for September 11 by the Court of Appeal.

14 Jun 2024 - 1     - 2382

Pakistan crash out of T20 World Cup 2024; USA enter ’Super 8’

The United States scripted history on Friday, June 14, by qualifying for the Super 8 of the T20 World Cup 2024 after their match against Ireland was abandoned due to rain.

14 Jun 2024 - 4     - 2302

Navy intercepts vessel with 150 kgs of heroin off Southern Sri Lanka

The Sri Lanka Navy seized a multi-day fishing craft suspected be transporting heroin during a deep-sea operation conducted approximately 400 nautical miles (740 km) south of Sri Lanka.

14 Jun 2024 - 1     - 764

University non-academic staff continues strike

The university non-academic employees have decided to continue the strike, driven by demands including the rectification of a 15% salary cut.

14 Jun 2024 - 6     - 2435

World Bank projects SL’s economic growth to reach 3% by 2026

The World Bank has projected a notable upswing in Sri Lanka’s economic growth, forecasting a robust 3% expansion by 2026.

14 Jun 2024 - 4     - 591

Sri Lankan delegation to visit Russia for repatriation of ex-military personnel

A high level delegation is scheduled to visit Russia to arrange for the repatriation of Sri Lankan ex-military personnel deployed in Russia for military purposes, said Minister of Foreign Affairs Ali Sabry.

14 Jun 2024 - 4     - 524

Keheliya further remanded

Former Health Minister Keheliya Rambukwella who was arrested over the import of substandard Immunoglobulin injections, was further remanded until June 28 by the Maligakanda Magistrate’s Court.

14 Jun 2024 - 8     - 1774

Video

Mahindananda to file defamation case against Gunathilaka Rajapaksha

The alleged fisticuffs between MPs Mahindananda Aluthgamage and Gunathilaka Rajapaksha is being converted into a legal battle with the former slated to file a defamation case against his colleague.

14 Jun 2024 - 14     - 1513

Several countries working to file cases against Sri Lankan military leaders: Committee reveals

Several countries are currently working together to file cases in the relevant countries and international courts under the universal jurisdiction against the military leaders of Sri Lanka who were found to have committed war crimes, a Parliamentary Committee has revealed.

14 Jun 2024 - 22     - 3228

Another postal strike in the offing if no response by June 24

After the 24-hour postal trade union strike, the United Postal Trade Unions Front (UPTUF) has decided to resume another countrywide trade union action on June 24 if a favorable response is not received from the Finance Ministry, UPTUF convener Chinthaka Bandara said.

14 Jun 2024 - 4     - 343

Video

Nalin Bandara expresses regret over fatal accident involving his vehicle

Samagi Jana Balawegaya (SJB) MP Nalin Bandara Jayamaha expressed his regrets to the family of the young man who was killed in a recent road accident involving his vehicle.

14 Jun 2024 - 14     - 4389

A group of retired Police seniors express disapproval of two fmr. senior officers joining NPP

A group of retired Inspector General of Police (IGP) and retired Senior DIGs yesterday voiced their disapproval of the decision made by former Senior DIG Ravi Seneviratne and former Director of Criminal Investigation Department former SSP Shani Abeysekera to join the National People’s Power (NPP).

14 Jun 2024 - 29     - 3178

How Sri Lanka and New Zealand got knocked out of the T20 World Cup 2024?

Sri Lanka and New Zealand were considered strong contenders to make it to the Super 8 stage of the T20 World Cup 2024, but their disappointing performances resulted in an early exit from the event.

14 Jun 2024 - 13     - 3146

Train services on upcountry line restored

Train services on the upcountry line between Talawakele and Watagoda have been restored after the derailment of an express train yesterday.

14 Jun 2024 - 2     - 427

Tesla investors back record-breaking Musk pay deal

Tesla shareholders have backed a record-breaking pay package for boss Elon Musk and approved a plan to move the firm’s legal headquarters to Texas.

14 Jun 2024 - 4     - 1750

Afghanistan thrash PNG to qualify for Super 8, dump New Zealand out

Fazalhaq Farooqi starred with the ball as Afghanistan pumped Papua New Guinea by 7 wickets to qualify for the Super 8 stage of the T20 World Cup.

14 Jun 2024 - 0     - 628

Crypto aliens might be living among us disguised as humans

The longstanding fascination with extraterrestrial life has taken a new turn with a recent study from Harvard University suggesting that alien beings could be living covertly alongside humans on Earth.

14 Jun 2024 - 13     - 4111

Endless cycle of empty talks on new Constitution

The amendments to the existing Constitution or the creation of a new Constitution with a new one have always been key electoral topics starting from at least since 1994.

14 Jun 2024 - 20     - 1073

IMF approves second review, but cautions economy still vulnerable

Sri Lanka was able to let out a sigh of relief yesterday with the Internal Monetary Fund (IMF) announcing the approval of the second review under the Extended Fund Facility (EFF) programme which will release US$ 337 million.

14 Jun 2024 - 8     - 665

Government to establish 25 District Industries Promotion Councils

The government is set to establish 25 District Industries Promotion Councils covering the entire island in support of local Micro, Small and Medium Industries (MSMEs).

14 Jun 2024 - 2     - 357

Shakib stars as Bangladesh edge closer to T20 World Cup second round

Veteran all-rounder Shakib Al Hasan hit a half-century as Bangladesh defeated the Netherlands by 25 runs on Thursday to edge closer to the second round of the T20 World Cup.

14 Jun 2024 - 1     - 893

Court recognizes a marriage cancellation decree in Australia

In another landmark judgement, the Colombo District Court has recently recognized the validity of a marriage annulment decree issued by the Melbourne Federal Court in Australia for a marriage contracted in Sri Lanka.

13 Jun 2024 - 4     - 1700

Video

Shooting incident involving Uddika Premaratne self-orchestrated- Police

The incident involving the shooting of actor-turned-politician Uddika Premaratne’s vehicle near his residence in Anuradhapura was allegedly orchestrated by the actor himself and an Assistant Superintendent of Police, Police Media Spokesman DIG Nihal Talduwa revealed today.

13 Jun 2024 - 13     - 2738

Chamari named ICC Women’s Player of the Month for May

Sri Lankan skipper Chamari Athapaththu has been named the ICC Women’s Player of the Month for May 2024, narrowly beating strong contenders, Scotland’s skipper Kathryn Bryce and ICC’s top-ranked white-ball bowler Sophie Ecclestone.

13 Jun 2024 - 2     - 443

US supreme court upholds access to abortion pill

The U.S. Supreme Court rejected a bid by anti-abortion groups and doctors to restrict access to the abortion pill, handing a victory on Thursday to President Joe Biden’s administration in its efforts to preserve broad access to the drug.

13 Jun 2024 - 1     - 610

Shantha Bandara appointed Acting Minister of Mass Media

State Minister Shantha Bandara has been appointed as the Acting Minister of Mass Media with immediate effect.

13 Jun 2024 - 1     - 805

MORE NEWS

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O/L Exam mess puts Department of Examinations in soup!

The experience of sitting for an exam is competitive for a child. Having dedicated countless hours to studying, they approach.......

04 Jun 2024 - 5     - 3739

dailymirror.lk

Dharmasena’s agarwood project faces yorker from Central Bank!

Central Bank of Sri Lanka (CBSL) has launched investigations into multiple complaints it has received regarding the collection of cash deposits for plantation investment projects. Recently, the Centra...

29 May 2024 - 19     - 17692

HARD TALK

dailymirror.lk

Easter Attack could have easily been avoided if SIS and DMI hadn’t misled CID - Senior DIG Ravi Seneviratne

Five years after the Easter attack, former Senior DIG, Criminal Investigation Department (CID) Ravi Seneviratne in an exclusive interview with the Dai...

13 Jun 2024 - 3     - 5863

dailymirror.lk

Sri Lanka is an unsinkable aircraft carrier--The country manufactures poverty as politics is more profitable than its industries- Maj. Gen. Dr. Boniface Perera

Maj Gen. Dr. Boniface Perera a battle hardened Infantry officer served the Sri Lanka Army for more than 36 years dedicating 20 years in the battlefiel...

06 Jun 2024 - 10     - 4411

dailymirror.lk

Indo-Lanka land connectivity most ambitious move- Indian High Commissioner

Indian High Commissioner Santos Jha, in an interview with a select group of journalists, discusses the current.......

13 May 2024 - 9     - 2036

dailymirror.lk

“Absolute power corrupts” Receiving a huge mandate turned out to be a problem for us

QPresident Ranil Wickremesinghe appeared to have declined to entertain your request for a snap General Election. Won’t this lead to a rift between y...

21 Mar 2024 - 33     - 7819

dailymirror.lk

dailymirror.lk

Will Sri Lanka qualify for the Super Eight stage?

A second successive defeat has put Sri Lanka’s chances of qualifying for the Super Eight stage of the T20 World Cup in serious jeopardy....

08 Jun 2024 - 2     - 527

dailymirror.lk

Are India the team to beat at the T20 World Cup?

India opened their World Cup campaign with a comfortable win over Ireland. Are they the team to beat at this year’s World Cup?...

06 Jun 2024 - 1     - 64

dailymirror.lk

Did Sri Lanka make the right choice to bat first?

Sri Lanka opened their T20 World Cup campaign with a six-wicket defeat to South Africa on Monday. Where did it go wrong for them?...

04 Jun 2024 - 5     - 363

dailymirror.lk

Have the governing MPs really understood the Online Safety Bill?

An amended Online Safety Bill was passed in Parliament on Wednesday, despite calls from the opposition to delay the debating of the Bill and internati...

25 Jan 2024 - 19     - 2917

MORE

dailymirror.lk

dailymirror.lk

Will Sri Lanka qualify for the Super Eight stage?

A second successive defeat has put Sri Lanka’s chances of qualifying for the Super Eight stage of the T20 World Cup in serious jeopardy....

08 Jun 2024 - 2     - 527

dailymirror.lk

Are India the team to beat at the T20 World Cup?

India opened their World Cup campaign with a comfortable win over Ireland. Are they the team to beat at this year’s World Cup?...

06 Jun 2024 - 1     - 64

dailymirror.lk

Did Sri Lanka make the right choice to bat first?

Sri Lanka opened their T20 World Cup campaign with a six-wicket defeat to South Africa on Monday. Where did it go wrong for them?...

04 Jun 2024 - 5     - 363

dailymirror.lk

Have the governing MPs really understood the Online Safety Bill?

An amended Online Safety Bill was passed in Parliament on Wednesday, despite calls from the opposition to delay the debating of the Bill and internati...

25 Jan 2024 - 19     - 2917

MORE

dailymirror.lk

dailymirror.lk

Sri Lankan graduates lured to work in online dating scams in Laos

The ongoing economic crisis in Sri Lanka had hampered his marketing job and thus, when he heard he could earn US$1,000 a month at an IT job in Thailan...

08 Feb 2023 - 13     - 11873

LIVE UPDATES

dailymirror.lk

dailymirror.lk

O/L Exam mess puts Department of Examinations in soup!

The experience of sitting for an exam is competitive for a child. Having dedicated countless hours to studying, they approach.......

04 Jun 2024 - 5     - 3739

dailymirror.lk

Dharmasena’s agarwood project faces yorker from Central Bank!

Central Bank of Sri Lanka (CBSL) has launched investigations into multiple complaints it has received regarding the collection of cash deposits for plantation investment projects. Recently, the Centra...

29 May 2024 - 19     - 17692

HARD TALK

dailymirror.lk

Easter Attack could have easily been avoided if SIS and DMI hadn’t misled CID - Senior DIG Ravi Seneviratne

Five years after the Easter attack, former Senior DIG, Criminal Investigation Department (CID) Ravi Seneviratne in an exclusive interview with the Dai...

13 Jun 2024 - 3     - 5863

dailymirror.lk

Sri Lanka is an unsinkable aircraft carrier--The country manufactures poverty as politics is more profitable than its industries- Maj. Gen. Dr. Boniface Perera

Maj Gen. Dr. Boniface Perera a battle hardened Infantry officer served the Sri Lanka Army for more than 36 years dedicating 20 years in the battlefiel...

06 Jun 2024 - 10     - 4411

dailymirror.lk

Indo-Lanka land connectivity most ambitious move- Indian High Commissioner

Indian High Commissioner Santos Jha, in an interview with a select group of journalists, discusses the current.......

13 May 2024 - 9     - 2036

dailymirror.lk

“Absolute power corrupts” Receiving a huge mandate turned out to be a problem for us

QPresident Ranil Wickremesinghe appeared to have declined to entertain your request for a snap General Election. Won’t this lead to a rift between y...

21 Mar 2024 - 33     - 7819

dailymirror.lk

Will Sri Lanka qualify for the Super Eight stage?

A second successive defeat has put Sri Lanka’s chances of qualifying for the Super Eight stage of the T20 World Cup in serious jeopardy....

08 Jun 2024 - 2     - 527

Are India the team to beat at the T20 World Cup?

India opened their World Cup campaign with a comfortable win over Ireland. Are they the team to beat at this year’s World Cup?...

06 Jun 2024 - 1     - 64

Did Sri Lanka make the right choice to bat first?

Sri Lanka opened their T20 World Cup campaign with a six-wicket defeat to South Africa on Monday. Where did it go wrong for them?...

04 Jun 2024 - 5     - 363

Have the governing MPs really understood the Online Safety Bill?

An amended Online Safety Bill was passed in Parliament on Wednesday, despite calls from the opposition to delay the debating of the Bill and internati...

25 Jan 2024 - 19     - 2917

’’Told you to plant something’’

With vegetable prices skyrocketing, Sri Lankan ministers have come up with an enterprising solution to the problem: Grow your own vegetables!...

19 Jan 2024 - 21     - 1642

Tourism is on the rise again, but what does Colombo offer our overseas visitors?

Sri Lanka appears on course to meet its 1.5 million tourist target for 2023, and have set their sights on increasing that number by 1 million next yea...

12 Dec 2023 - 34     - 4519

MORE
LIVE UPDATES

dailymirror.lk

dailymirror.lk

Sri Lankan graduates lured to work in online dating scams in Laos

The ongoing economic crisis in Sri Lanka had hampered his marketing job and thus, when he heard he could earn US$1,000 a month at an IT job in Thailan...

08 Feb 2023 - 13     - 11873

MORE NEWS

POLL

In the backdrop where a great debate has been started on whether the Presidential or General Elections should be held first or both together, where do you stand in this debate as citizens?





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MIRROR BUSINESS

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Economy accelerates in 1Q to 5.3% from 4.5% in 4Q last year

Sri Lanka’s economy grew at a faster pace of 5.3 percent in the first three months of 2024, picking up from 4.5 percent in the final three months of last year, as the economy cooled down from the re...

15 Jun 2024 - 0     - 142

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VOICE OF THE PEOPLE

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An electric shock for the public

The Ceylon Electricity Board (CEB) explained the electricity tariff revision which took effect from today.

17 Feb 2023 - 2     - 2157

dailymirror.lk

Public react to petrol price hike

A cross section of society expressed their opinions on the increase of the price of petrol.

06 Feb 2023 - 0     - 1507

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Traders at Peliyagoda market unhappy

20 Jan 2023 - 2     - 2745

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Do we need an election now?

19 Jan 2023 - 0     - 2194

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08 Apr 2024 - 0     - 366

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12 Sep 2023 - 0     - 1047

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05 Aug 2023 - 0     - 1661

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09 Jul 2023 - 4     - 4093

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