For generations, rural communities across Sri Lanka have practiced Kithul Madeema, a traditional method of tapping sap from the kithul palm (Caryota urens). In December...
The Ministry of Finance has announced significant amendments to Sri Lanka’s Value Added Tax (VAT) system, effective from 1 July 2026, with a clear focus on digital and electronically supplied services. These changes aim to expand the tax base, strengthen compliance,...