News
IRD’s inability has led govts. to extract unbearable taxes from professionals, honest people
The government can reduce taxes imposed on professionals, Chairman of the Sectoral Oversight Committee on Alleviating the Impact of the Economic Crisis, MP Gamini Waleboda has said.
The MP has said professionals earn salaries, which cannot be compared to profits.
“A person who makes Rs 350,000 a month is now subject to a tax of 36 percent. Then there is inflation. They can hardly maintain the lifestyles they enjoyed, and this compels them to leave
the country. The level of brain drain is scary,” he has said.The Committee is expected present several proposals to the government on reducing taxes for professionals.
Walebodahas said that the Inland Revenue Department (IRD) is entrusted with expanding the tax net, but is unable to meet the targets due to inefficiency and a chronic shortage of personnel.
“It has been late in adopting new technology. I think we all know about what has happened to Random Access Management Information System (RAMIS) that IRD started to implement in 2012. This was to automate the tax system. There has been a 400% cost overrun. Moreover, it takes 30 minutes to register a new tax payer,” he said.
The incompetence of the IRD, which has deprived the government large amounts of potential tax revenue has compelled governments to extract unbearable taxes from professionals and honest businesses, the MP has said.
“We need to make the IRD an efficient institution soon.”
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New Court of Appeal Judge Sajeewani Dilka Lakmali Sworn In
Ms Sajeewani Dilka Lakmali Karunannayake was sworn in as a Judge of the Court of Appeal before President Anura Kumara Dissanayake at the Presidential Secretariat this afternoon (03).
She previously served as an Additional Solicitor General at the Attorney General’s Department.
The appointment has been made to fill a vacancy on the Court of Appeal.
Secretary to the President Dr Nandika Sanath Kumanayake was also present on the occasion.
(President’s Media Division)
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Sun directly overhead Madampe, Thorayaya, Thotagamuwa, Rattota and Kalavanchikudy about 12.09 noon today (03)
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 (03) are Madampe, Thorayaya, Thotagamuwa, Rattota and
Kalavanchikudy about 12.09 noon.
News
22A: SC urged to suspend hearing, appoint full bench
Attorney-at-Law Sugandhika Fernando, on behalf of the Vinivida Foundation, petitioned the Supreme Court yesterday (02), seeking a full bench, excluding Chief Justice Preethi Padman Surasena, to hear the petitions challenging the 22nd Amendment Bill. She also requested that the hearing be suspended immediately until the matter was fully heard and determined.
Among the respondents are Chief Justice Surasena, the first respondent, and Attorney General Parinda Ranasinghe. Justices Yasantha Kodagoda, Shiran Gooneratne, Achala Wengappuli and Priyantha Fernando have also been named as respondents.
The petitioner has sought to have quashed the decision of the first respondent to appoint a five-member bench, which she alleged was made in violation of the norms of public law. She also sought a bench comprising all Supreme Court judges, excluding those cited as respondents, to hear the special determination applications on the 22nd Amendment.
The petitioner further contended that Chief Justice Surasena, who is due to retire on December 1, 2026, would be the main beneficiary of the 22nd Amendment.
The hearing of the petitions continued for a second day yesterday (02) before a five-member Supreme Court bench comprising Chief Justice Preethi Padman Surasena and Justices Achala Wengappuli, Arjuna Obeyesekere, Sampath Abeykoon and Gihan Kulatunga.
The hearing, which commenced on Tuesday morning, continued for nearly 12 hours, until 10:30 p.m.
Solicitor General Viraj Dayaratne, appearing for the Attorney General, submitted yesterday that the Government had presented the 22nd Amendment Bill to the Constitution and the Judicature (Amendment) Bill with the objective of expanding and streamlining the country’s judicial system.
After the Solicitor General’s submissions concluded, counsel representing the petitioners requested an opportunity to respond to the Solicitor General and the intervening petitioners. However, the Chief Justice declined to allow the petitioners’ counsel to make further oral submissions, concluded the determination hearing and directed them to file written submissions instead.
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