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President directs Inland Revenue Department to achieve 2030 Digital Economy targets
President Anura Kumara Disanayake today (08) emphasised the critical need to strengthen and digitalise the Inland Revenue Department (IRD) to achieve Sri Lanka’s strategic digital economy objectives by 2030.
The President made these remarks during a discussion held this afternoon at the Presidential Secretariat with representatives from the Inland Revenue Department, the Ministry of Digital Economy and the Ministry of Finance.
During the meeting, particular attention was paid to the ongoing operation and local procurement process of the IRD’s existing Revenue Administration Management Information System (RAMIS). Discussions also focused on identifying current shortcomings within the RAMIS system and providing appropriate technological solutions. President Disanayake underscored that digitalisation is absolutely essential for efficient tax administration.
The primary goals of this initiative were also discussed, including minimising tax irregularities, simplifying the tax system, enhancing tax transparency and introducing Point of Sale (POS) machines for transactions. These measures are expected to broaden the country’s tax base and make the tax payment process more convenient for the public.
IRD officials stated that the current government’s intervention in establishing a Ministry of Digital Economy would facilitate the easy achievement of the Inland Revenue Department’s digitalisation goals.
The digitalisation of the Inland Revenue Department is a crucial step in the government’s overall digitalisation programme and is expected to contribute significantly to Sri Lanka’s economic growth.
Attendees at the discussion included the Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Finance Dr. Harshana Suriyapperuma, Chief Advisor to the President on Digital Economy Dr Hans Wijesuriya, along with officials from the Ministry of Digital Economy, the Ministry of Finance and the Inland Revenue Department.
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Spain deliver masterclass to beat France 2-0 and reach World Cup final
Spain snuffed out France’s dream of a third World Cup triumph, taming their galaxy of forwards to win 2-0 and progress to a final against England or Argentina.
Didier Deschamps’ men were hot favourites for the trophy after a string of breathtaking displays in the United States but they met their match against the slick European champions at the semifinal stage on Tuesday.
Mikel Oyarzabal opened the scoring for the 2010 winners with an emphatic penalty in the first half in Arlington, Texas, and Pedro Porro doubled their lead in the second half.
Shell-shocked France could not find a way back into the match despite their wealth of attacking riches.
The game at the Dallas Stadium caught fire midway through the first half when Salvadoran referee Ivan Barton pointed to the penalty spot after a reckless challenge by France left-back Lucas Digne on Spain winger Lamine Yamal.
Oyarzabal hammered the ball past France goalkeeper Mike Maignan for his fifth goal of the World Cup to leave France trailing for the first time in the tournament.

Minutes later they suffered another blow when centre-back William Saliba had to leave the pitch after a recurrence of his lower back injury, replaced by Crystal Palace defender Maxence Lacroix.
Spain went agonisingly close to extending their lead after some dazzling one-touch football but Dayot Upamecano’s challenge denied Fabian Ruiz.
France finished the half without a single shot on target, and just two attempts overall.
Deschamps threw on Desire Doue for Bradley Barcola in the 57th minute in a bid to supercharge his attack but a minute later they were 2-0 down after a stunning team goal for Luis de la Fuente’s men.
Defender Porro delivered a sharp pass to the feet of Dani Olmo on the edge of the box and collected the return ball before coolly slotting past Maignan.
(Aljazeera)
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S. N. B. M. Patdmasiri appointed Director General of the Department of Government Factories
The Cabinet of Ministers approved the resolution furnished by the Minister of Housing, Construction and Water Supply to
appoint S. N. B. M. Patdmasiri who is a Special Grade officer in Sri Lanka Engineering Service and currently serving at the Department as the Additional Director General to the post of Director General of the Department of Government Factories with immediate effect.
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Oil prices hit 1-month high as US-Iran attacks dim Strait of Hormuz outlook
Oil prices have surged to their highest level in a month as renewed hostilities between the United States and Iran continued for a third consecutive day, dampening hopes for a return to normality in the Strait of Hormuz.
Brent crude, the primary international benchmark, rose 2.8 percent on Tuesday, extending a 9.6 percent gain from the previous day.
Brent futures for September delivery stood at $85.67 a barrel as of 07:00 GMT, the highest since June 15.
After easing to pre-conflict levels following Washington and Tehran’s signing of a memorandum of understanding (MoU) for peace last month, Brent has risen 18 percent from its price before the start of the US-Israel war on Iran in late February.
The US Central Command on Monday announced strikes on Iran for a third day, saying its forces targeted Tehran’s ability to attack “innocent civilians and commercial shipping” in the Strait of Hormuz.
Iran’s Islamic Revolutionary Guard Corps said it hit two oil supertankers in the strait and launched missile and drone strikes against US military assets in Kuwait and Bahrain in retaliation for the attacks.
Adding to the market volatility, President Donald Trump said on Monday the US would reimpose its blockade of Iranian ports and begin charging vessels transit fees as the “guardian” of the critical waterway.
“Crude oil is fast losing its strategic petroleum reserve buffer, and a violent repricing up cannot be discounted until the market sees toned-down rhetoric from both parties,” June Goh, a senior oil market analyst at Sparta Commodities in Singapore, told Al Jazeera, referring to the US government’s emergency oil stockpile, which the Trump administration has drawn on to mitigate supply constraints.
After ticking up in recent weeks amid hopes for a permanent peace deal between Washington and Tehran, traffic in the Strait of Hormuz has plummeted amid the renewed threat of violence against commercial shipping.
A total of 57 transits were recorded from Friday through Sunday, a more than 50 percent drop compared with the previous week, according to ship-tracking platform MarineTraffic.
Roughly 130 vessels transited the strait daily before the US and Israel launched their initial strikes on Iran in late February.
“Traffic through Hormuz is grinding to a halt, back to – or even below – our immediate pre-MoU pace,” Rory Johnston, founder of oil market research firm Commodity Context, told Al Jazeera.
“The oil market has proven extremely patient through this crisis, in large part thanks to an ample stock cushion upon which we were able to draw to blunt the sharpness of the supply shock,” Johnston said.
“Unfortunately, much of that cushion has now been depleted, leaving us much more vulnerable to a rerun of March and April.”
[Aljazeera]
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