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IRD all at sea in evaluating casino revenue

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The Inland Revenue Department (IRD) could not evaluate the actual income and expenditure of casinos, SJB MP Dr. Harsha de Silva told Parliament on Friday.Dr. de Silva said that a regulatory body must be established if Sri Lanka was to expand casinos.

The Committee on Public Finance (CoPF) approved the Betting and Gaming Levy (Amendment) Bill recently following several assurances by the Ministry of Finance, he said.

“Those in charge promised the CoPF that they would establish this institution before 31 December 2023. New licenses to casinos will only be given after that, as they promised,” he said.MP de Silva said that there is a problem collecting taxes from casinos. The IRD can’t estimate the actual income and expenditure of casinos, he said.

“IRD will have to calculate the taxes based on the figures the casinos provide. There hasn’t been a single completed audit of a casino. The President has asked for our support in establishing the regulatory body for casinos. We have appointed a coordinating committee, and MPs Duminda Dissanayake, M.A. Sumanthiran, Nimal Lansa, and I are on it,” he said.



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Petrol to cost less from midnight today (30)

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The Ceylon Petroleum Corporation (CEYPETCO) has announced a  reduction in the prices of Petrol 92 and Petrol 95, effective from midnight today (30).

The price of Petrol 92 has been reduced by Rs. 15 per litre, from Rs. 414 to Rs. 399 while  the price of Petrol 95 Octane has been reduced by Rs. 20 per litre, from Rs. 495 to Rs. 475

There will be no change in the prices of diesel, Super Diesel and kerosene under the latest revision.

 

 

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“Rathuwewi Mihimadala” Book Launched with the Participation of the Prime Minister

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The book “Rathuwewi Mihimadala”, written based on the life story of  Vasudeva Nanayakkara, Leader of the Democratic Left Front, was launched on Friday [August 28] at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo, with the participation of Prime Minister Dr. Harini Amarasuriya.

Speaking to the media afterwards about Vasudeva Nanayakkara, Prime Minister Dr. Harini Amarasuriya stated:

“Vasudeva Nanayakkara is a prominent figure in Sri Lankan politics, particularly within the left-wing political movement. There were several influential figures within the left movement, and that left-wing influence also contributed to bringing the country to where it is today. Politically, there were areas where we agreed and areas where we did not. However, I have great respect for the contribution made by Vasudeva Nanayakkara to left-wing politics. When I entered Parliament in 2020, Vasudeva Nanayakkara was also in Parliament. We sat in the same row, and we spoke about many important as well as interesting moments in his political career. I believe some of these experiences have also been included in this book.”

The event was attended by members of the Maha Sangha, Minister of Justice Harshana Nanayakkara, former President Maithripala Sirisena, former Speakers Karu Jayasuriya and Chamal Rajapaksa, as well as party members, family members and friends.

[Prime Minister’s Media Division]

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Sun directly overhead Mannar, Periyamadu, Puliyankulam, Welioya and Pulmoddai about 12.11 noon today (30)

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The sun is going to be directly over the latitudes of Sri Lanka from  28th of August to 07th of September due to its apparent southward relative motion.

The nearest places of Sri Lanka over which the sun is overhead today (30) are Mannar, Periyamadu, Puliyankulam, Welioya and
Pulmoddai about 12.11 noon.

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