Migrant workers offered Rs. 5 million housing loans in Budget 2027
The 2027 Budget proposes a housing loan of up to Rs. 5 million for migrant workers, with interest partly paid by the…
Business
Tax-free threshold to rise to Rs. 162,500 a month in Budget 2027
Budget 2027 proposes lifting the monthly income tax-free threshold from Rs. 150,000 to Rs. 162,500 and adding a new 12 percent tax…
Sprats, Maldive fish levy cut to Rs. 10 a kilo; sugar levy rises
The Special Commodity Levy on imported sprats and Maldive fish falls to Rs. 10 a kilo from 13 November, while the sugar…
Budget 2027 slashes levy on sprats and Maldive fish, lifts VAT on school books
The 2027 Budget cuts import levies on sprats, Maldive fish and dried chillies from 13 November, raises the sugar levy and exempts…
Budget 2027: Rs. 2 trillion capital spending, SriLankan losses at Rs. 528 billion
President Dissanayake presented the 2027 Budget, citing fuel import costs, Rs. 528 billion SriLankan Airlines losses and expected remittances above $9 billion.
Budget 2027: Rs. 25,000 per kWh subsidy for home solar batteries
The President proposed a Rs. 25,000 per kWh subsidy, up to Rs. 250,000, for home batteries with new rooftop solar, and scrapping…
Budget 2027: PAYE-free pay limit rises to Rs. 162,500 a month
President Anura Kumara Dissanayake proposed raising the monthly income tax-free limit from Rs. 150,000 to Rs. 162,500 in the 2027 Budget presented…
Budget 2027: Rs. 250,000 subsidy for solar batteries, 45-day fuel storage
The 2027 Budget proposes 45 days of fuel storage, two new pipelines, free smart meters and a subsidy of up to Rs.…
Budget 2027: tax-free income up to Rs. 162,500 a month
The 2027 Budget raises the tax-free threshold to Rs. 1.95 million a year and adds a 12 percent band, giving relief of…
President to present Budget 2027 on Thursday; 26-day debate follows
President Anura Kumara Dissanayake presents the 2027 Budget in Parliament on Thursday, with a 26-day debate and final vote on 14 December.