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Featured Insight
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
Featured Insight
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
Featured Insight
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
Featured Insight
WHT and PAYE had the largest growth in Q3 2023
The Fiscal Management Report 2024, recently released by the Ministry of Finance, offers a comprehensive analysis of the government's revenue streams. A notable highlight from the report is the remarkable growth in revenue from two key components: Withholding Tax (WHT) and Pay As You Earn (PAYE). The first nine months of 2023 saw these segments register an increase of 498% and 673% respectively, compared to the same period in the previous year. This substantial growth can be attributed to the reinstatement of WHT (set at a rate of 5% for interest income) and PAYE in 2023. Both taxes were previously discontinued in 2019 but reintroduced as part of a broader fiscal strategy.
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அரச செலவினம் தொடர்பான பகுப்பாய்வுகளும் விரிவான பார்வைகளும்.
2022ல் அரசுக்குச் சொந்தமான நிறுவனங்களின் நட்டங்கள் அதற்கு முந்தைய ஆண்டுகளின் வருடாந்த நட்டங்களை விட அதிகம்
2022ம் ஆண்டின் முதல் நான்கு மாதங்களில் அரசுக்குச் சொந்தமான நிறுவனங்களின் மொத்த நட்டமானது ரூ.860 பில்லியன் ஆகும். இது அரசுக்குச் சொந்தமான நிறுவனங்களின் 2021ம் ஆண்டுக்கான வருடாந்...
பி.எஃப். வயரில் இணைப்பிலிருந்து
Source:
The Morning
State-owned Enterprises: Losses cost Rs.141,809 pe...
The Advocata Institute in Colombo highlights the urgent need for reforms in Sri Lanka's State-owned Enterprises (SOEs), stressing that the government's procrastination is burdening taxpayers. With losses reaching Rs. 744.6 billion in 2022 alone, equivalent to si...
மேலும் வாசிக்க
Source:
Daily News
Rs. 3,085.96 m allocated for 544 LG projects
The state ministry of Provincila councils and Local Government (LG) has taken steps to intitiate 544 projects by local government bodies at a cost of Rs. 3,085.96 million for the provision of public services.
மேலும் வாசிக்க
Source:
Daily News
COVID expenditure made from Fuel Price Stabilizati...
There was no Fuel Price Stabilization Fund functional since the Cabinet of Ministers approved such a proposal in March 2020, Energy Minister Udaya Gammanpila said. He s...
மேலும் வாசிக்க
நுண்ணறிவு செலவினம்
Open Budget Survey 2019
Government budget decisions – what...
Where do government salaries go?
The government spends 22% of its total expenditure on salaries for g...
What Happens When a Government Body Runs...
When a government body runs out of money,...
Budget Promises 2018: Are Ministries Com...
The RTI Act guarantees citizens the right...
Budget Promises 2018: Most Responsive In...
Are our ministries open about the progres...
Budget Promises 2018: Most Closed Instit...
Are our ministries open about the progres...
Budget Promises 2018: Openness of Promis...
By making it easier for people to find ou...
Budget Promises 2018: Forgotten Promises
What are the forgotten promises from Budg...
Progress of Budget Promises 2017 vs 2018
Is the government getting better at implementing its Budget Promises...
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விவரணம்
இடைக்கால வரவுசெலவுத் திட்டமா அல்லது இரகசிய வரவுசெல...
பின்வரும் முன்மொழிவுகளை செயல்படுத்தும் முகவராக பாதுகாப்பு அமைச்சு நியமிக்கப்பட்டுள்ளது. 1) STEM-ஐ மையமாகக் கொண்ட பல்கலைக்கழக வளாகங்களை நிறுவுதல். STEM என்பது அறிவியல், தொழில்நுட்பம், பொறியியல் மற்றும் கணிதம் ஆகிய துறைகளை ஒருங்கிணைக்கும் கற்ற...
மேலும் வாசிக்க
National Budget Process in 60 Seconds!
The video below describes the National Budget process from planning to oversight. There are 4 steps to the whole process and is carried out between January and December.
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வட்டிச் செலவுகள் அரச வருமானத்தை விழுங்கிக்கொண்டிரு...
வரலாற்றில் முதல் முறையாக, 2023 ஆம் ஆண்டில், அரசாங்கம் அதன் மொத்த உள்நாட்டு உற்பத்தியில் 9% ஐ வட்டிக் கொடுப்பனவுகளுக்காக செலவிட்டுள்ளது, இது அரச வருமானத்தில் 80% ஆகும். ...
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