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The Inland Revenue Department (IRD) is setting up
a centralised database of the business population to identify
organisations and people who could be taxed. A proper data base will
be a useful tool to increase tax collection. The survey to gather
database information was conducted during the ‘Tax Week’ from March
14 to 18,
Consumer rights:
Consumer rights activists said the Consumer
Affairs Authority (CAA) Act should be amended without further delay
and more ombudsmen should be appointed to ensure the welfare of
consumers. Insurance Ombudsman, Dr. Wickrema Weerasooria told a
forum organised by the Institute of Policy,
Sri Lanka’s fastest growth sectors were finance,
information technology and real estate which sustained its economic
growth momentum in 2015, despite a sharp slowing in the last three
months of the year, Director General, Department of Census and
Statistics, Dr. A. J. Satharasinghe said.
‘Compensation proposed for fisher families
woefully inadequate’:
Eco groups and civil society organisations
condemning the resumption of the Colombo Port City Project, said the
government is not listening to the people and not including them in
the decision-making process which is undemocratic and detrimental to
society.
Unannounced power interruptions in some parts of
the country has affected the business community and they are
uncertain of the future of their ventures as the cost of production
has increased due to the use of alternate power sources.
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