කොවිඩ් 19 – මූල්ය සහන
සම්පූර්ණ වාර්තාව කියවන්න
கோவிட் 19 – இறை மற்றும் நிதியியல் சலுகைகள்
இலங்றை மத்திய வங்கியின் சுற்றறிக்றை கோவிட் - 19 இனால் தாக்கற்றத்திற்குள்ளான தனிநபர்கள் மற்றும் சுயதொழில் வியாபாரங்கள் உள்ளடங்கலான வியபார நடவடிக்கைைளுக்கு ஒரு பரந்தளவிலான இறை மற்றும் நிதியியல் சலுகைகளை அறிமுகப்படுத்தும் விதமாக பங்குனி 27, 2020 திகதியிடப்பட்ட சுற்றறிக்கை இலங்கை மத்திய வங்கியினால் வெளியிடப்பட்டுள்ளது. மேலும் வாசிக்க...
Changes to WHT & Introduction of Advance Income Tax
The Department of Inland Revenue has notified the recent statutory changes made to withholding tax (WHT). We have highlighted below withholding tax requirements which are effective from January 1, 2020, based on the statutory changes stated in the said notice. Content WHT on payments to a resident person WHT on payments…
OVERVIEW OF TAX POLICY MEASURES IN RESPONSE TO COVID-19 PANDEMIC
The global Covid -19 pandemic is having a profound impact on all aspects of our life. The Department of Inland Revenue and President’s Media Division have notified certain tax policy measures that have been taken to address the COVID -19 pandemic. We provide below an overview of the said tax…
COVID-19 Fiscal and Financial Concessions
CBSL CIRCULAR The Central Bank of Sri Lanka has issued a Circular dated 27 March 2020 to introduce a wide range of fiscal and financial concessions for business activities including self-employment businesses and individuals hit by COVID-19. ELIGIBLE TO PARTICIPATE THROUGH • Licensed commercial banks • Licensed specialized banks •…
SLFRS 15 – Revenue from Contracts with Customers
The Institute of Chartered Accountants of Sri Lanka (CASL) published Revenue from contracts with Customers (SLFRS 15) effective as of 1st January 2018. The new standard establishes a comprehensive framework to determine when to recognise revenue and how much revenue to recognise. Why do you need for a change in…
Why do you Need to do Forensic Audit?
Forensic audit in Sri Lanka is an investigation and evaluation of an organisation's financial information for use as evidence in court. A forensic audit can be conducted in order to accuse a party under following three wide range of investigations such as; Corruption There are three types of corruption frauds:…
SLFRS 16: The standard for leases has been changed – Are you ready?
The Institute of Chartered Accountants of Sri Lanka (CASL) has published SLFRS 16 Leases with an effective date of 1 January 2019. The new standard requires lessees to recognise most leases on their balance sheets. The new standard will mainly affect all commonly used financial ratios and performance indicators, such…