Economy

The National Assembly adopted the Excise Tax Bill, marking a major step in the country’s effort to discourage the consumption...

Consumers can expect to feel the pinch at checkout counters as prices of tobacco, alcohol, and carbonated drinks rise following...

The National Assembly, today, passed the Goods and Services Tax (Amendment) Bill 2025 with 43 out of 45 members voting...

The inflation in April this year increased to 2.49 per cent. The inflation has been on slight rise compared to...

The National Assembly has decided to reduce the Goods and Services Tax rate to five per cent. The Economic and...

The subsidised airfare scheme for international tourists is likely to be discontinued six months after its launch. Twenty-one out of...

Following widespread public debate over the government’s decision to levy a 10 per cent tax on interest earned from fixed...

The implementation of the Economic Stimulus Programme (ESP), though in its early phase, is showing promising progress. According to the...

Under the proposed Income Tax Bill 2025, individuals earning interest from fixed deposit accounts could face a 10 per cent...

The Royal Monetary Authority (RMA) will implement seven monetary measures to support loan repayment. The measures will be implemented after...