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CBSL Governor urges public to become informants to boost tax revenue

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ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes.

The government has raised Value Added Tax (VAT), an indirect tax to 18 percent from 15 percent with effect from January 1. The move also will see some VAT exempted goods like fuel, gas, health, and educational products are now subject to 18 percent tax.

The new move has raised prices of fuel, cooking gas, foods, private transport charges, and many other goods.

Sri Lankan citizens who are not used to paying higher taxes are also now forced to register for taxes and file for taxes on an annual basis. The move is expected to boost the government revenue to 15 percent of the gross domestic products (GDP) in 2026 from the last year’s 11 percent.

Analysts say most Sri Lankans are not ready to pay any taxes because they do not see any benefits for paying government taxes amid widely reported corruption allegations.

Weerasinghe, the central bank governor, who has been instrumental in navigating the monetary policy and maintaining the price stability of the bankrupted Sri Lankan economy said public needs to do their responsibility to reduce the overall taxes in the future.

“From the public side, they think why they always pay high taxes whereas others are not paying taxes. If the public want to reduce the taxes in the future, what I see is, while they pay their taxes, they should encourage others to pay taxes or inform the authorities (on those who are not paying taxes),” Weerasinghe told a television programme late on Monday (01) hosted by President’s Media Center (PMC).

“That is the way to reduce the amount of VAT or personal income tax they pay.”

Weerasinghe’s comments come as Sri Lanka is desperate to boost the government revenue in line with the commitment it agreed with the International Monetary Fund (IMF) in return of a $3 billion loan.

He also warned that some businesses may be engaging in VAT fraud. In countries where VAT works well, all businesses have to issue a VAT invoice to customers whether they are tax-paying businesses or members of the public.

Unlike income tax, where the state takes part of a person’s earned income, VAT charged from the public is not the income of a business, but a collection made on behalf of the state, analysts say.

“If we are paying PAYE (Pay As You Earn) tax, we have to pay that,” Weerasinghe said, referring to a tax that is deducted at the point of earning.

“But some business people who have the same income do not pay the tax and they keep double receipt books and without showing the real income, they show less income and pay less taxes.”

“If I am paying tax and if I know somebody else is not paying, then I can reduce my tax burden only by adding that person into the tax net.”

“In some places, when you buy goods, they ask if you want the invoice with or without that VAT. If I agree to pay less (for the invoice without taxes), then my tax burden will not ease ever.”



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Heat Index at Caution Level in the Northern, North-central, North-western, Western, Sabaragamuwa, Eastern and Southern provinces and in Monaragala district

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Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 18 April 2026, valid for 19 April 2026

The Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in the Northern, North-central, North-western, Western, Sabaragamuwa, Eastern
and Southern provinces and in Monaragala district.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.


Effect of the heat index on human body is mentioned in the above table and it is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED
Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated.
Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

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‘Agents of the devil’ seeking to block Easter probe, Cardinal warns

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Warning that “agents of the devil who wish to hide the truth behind a wall of political posturing” were attempting to obstruct investigations into the Easter Sunday terror attacks, the Catholic Church has called for intensified public support and prayer to ensure justice for victims.

In a message issued ahead of the seventh anniversary of the April 21, 2019 bombings, Colombo Archbishop Cardinal Malcolm Ranjith said there were ongoing efforts by various forces to derail credible inquiries into the coordinated attacks that claimed 278 lives and left nearly 500 injured.

The statement noted that many of those killed had been attending Easter Sunday Mass when suicide bombers struck churches, including St. Anthony’s Shrine, Kochchikade, St. Sebastian’s Church, Katuwapitiya, and Zion Church, Batticaloa, causing widespread devastation and long-term suffering among survivors.

Seven years on, the Caridnal said, critical questions remain unanswered, including who masterminded the attacks, their motives, and why places of worship were targeted on Christianity’s most sacred day.

Full text of Cardinal Malcolm Ranjith’s message: On 21st April 2026, the Church in Sri Lanka will be commemorating the 7th Anniversary of the Easter Sunday bomb blasts, which killed 278 of our fellow human beings and brethren in the faith in the most brutal fashion. Most of these people had come to our Churches for Easter Sunday Masses and prayer services. Many families were rendered destitute. Nearly 500 people were injured and some of them carry life long disabilities, suffering from the after effects of these blasts. St. Anthony’s Church Kochchikade and St. Sebastian’s Church Katuwapitiya of the Catholic community and the Zion Church in Batticaloa were, quasi totally destroyed. The economy of the country suffered immensely with untold problems affecting many families, ever since then. However much we try to console the families of these victims, it is something that we humans are unable to achieve as only the Lord can truly console them.

Besides, we still do not know who murdered these people and caused so much of suffering to many others, and why and for what purpose they chose our Churches on a day that was most sacred to us to organize these attacks. After repeated pleas by the Catholic Church, now at last, the incumbent government and the security establishment, seem to be holding a credible inquiry into this episode of mass murder in order to find out who was really behind it.

And there are many forces actively seeking to obstruct these inquiries and divert the direction of the inquiry in an aimless fashion in order to hide the truth behind these attacks. They are nothing but the agents of the devil who wish to hide the truth behind a wall of political posturing. We need to storm Heaven and ask the Lord to strengthen the hands of the investigators to find out what really happened and who was behind this mass murder as well as why it was done to innocent people who had nothing to do with politics.

Hence, I call upon all of you to kindly storm Heaven with your prayers calling upon the Lord to help us find out what really happened that most tragic day. And so, I am declaring Sunday, the 19th of April 2026, as a special day of prayer for this purpose. I shall be most grateful to every one of you, beloved brethren, if you could recite special prayers in all the parishes of the Archdiocese at Sunday Mass on that day and offer prayers at home too for the success of these investigations. The special prayer for truth and justice for the victims of the bomb attacks, already approved by the Catholic Bishops’ Conference, could also be recited. I call upon all our Catholic devotees to join us in this effort.

Let us stand together firmly behind the efforts to find out the truth. Let us not be deceived by attempts of different people to hide the truth or divert attention in all kinds of directions in order to confuse the public.

May the Blessed Mother, our Lady of Lanka, intercede for us in this most important matter.

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Nation to mark Easter Sunday attacks with countrywide observances, march for justice

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A series of solemn religious observances and commemorative events will be held on Tuesday, April 21, to mark the seventh anniversary of the Easter Sunday terror attacks, with ceremonies planned across the island and a public march for justice in Negombo.

The programme will begin with a coordinated observance in churches nationwide. At 8:45 a.m., funeral bells will toll, followed by a two-minute silence in memory of the victims. At 8:47 a.m., bells will toll again as the faithful light candles or oil lamps, with the morning observance concluding in a special prayer service at 8:50 a.m.

Major ceremonies are to be held at key locations affected by the 2019 attacks.

At St. Anthony’s Shrine, Kochchikade, the commemoration will be led by Malcolm Cardinal Ranjith and Bishop Anton Ranjith. Proceedings will commence at 8:15 a.m. with the arrival of ambassadors and dignitaries. Following the national moment of silence and prayer at 8:45 a.m., invitees will participate in a candle-lighting ceremony at 8:47 a.m. The programme from 9:10 a.m. will include interfaith reflections and addresses by the Apostolic Nuncio, a representative of the United Nations, and Cardinal Ranjith.

At St. Sebastian’s Church, Katuwapitiya, religious observances will be conducted under the guidance of Bishop Maxwell Silva and Bishop J. D. Anthony. Holy Mass is scheduled for 7:30 a.m., followed by the tolling of bells, a two-minute silence, and the lighting of candles at the memorial monument at 8:45 a.m.

The day’s commemorations will culminate in a Prayer March for Justice in Negombo. The march is set to begin at 4:00 p.m. from the Maris Stella grounds, with clergy and lay participants proceeding to St. Sebastian’s Church, where bishops and priests will conduct a Benediction service.The events are expected to draw large numbers of clergy, devotees, diplomats and members of the public, as the nation continues to remember the victims and call for truth and accountability.

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