News
Sri Lanka Institute of Taxation gets new council
Text and Pic by Jude Denzil Pathiraja
Prasanga Ranwatte, a tax professional and Senior Director of a leading Tax Firm was elected as President of the Sri Lanka Institute of Taxation (SLIT), for another term at its Annual General Meeting held recently (Dec 09).
The Executive Council of the Institute consists of eleven Tax professionals including three members appointed by the Ministry of Finance. Members of the Executive Council 2021/22 include, T. Prasanga Ranwatte President, SA Bharatha P Subasinghe Secretary, Ruwan Gamage Vice President, N.V. Sameera Vithanage Treasurer, D Rangalle, Ranil Abeywardhene, UP Gayan T Karunaratne, Mahi Nuwan Vithanage, AHM Thimira C Abeysinghe, Dr JAS Felix, and PVL Nandasiri.
They were elected at the 21st AGM of the Sri Lanka Institute of Taxation held at the institute’s new auditorium located at No 484, Havelock Road, Colombo 06.
Sri Lanka Institute of Taxation is the only national statutory body of tax professionals, which deals primarily and exclusively conducting professional study courses in Taxation in Sri Lanka.
The year 2021 marks the institute’s 29th anniversary serving the community by disseminating tax knowledge and producing tax consultants. In 1992, some of the retired senior officials of the Department of Inland Revenue took the initiative to form the Sri Lanka Institute of Taxation with the objective to produce competent tax professionals and to impart knowledge of taxation to members of the public. A few years later, after the formation of the Institute, steps were taken to incorporate it by an Act of Parliament to enable it to pursue its objectives with official sanction. The Bill to incorporate the Sri Lanka Institute of Taxation was passed in Parliament by Act No. 21 of 2000 on June 19, 2000.
The Diploma and Professional level study courses conducted by the Institute leading to its membership are currently very popular in Sri Lanka. The members of the institute are eligible to practice taxation as authorized representatives under the Inland Revenue Act.
Latest News
Sun directly overhead Kalpitiya, Talawa, Sinharagama, Galkadawala, Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon today (01)
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 (01) are Kalpitiya, Talawa, Sinharagama, Galkadawala,
Nachchaduwa, Padikaramaduwa, Gomarankalla and Verugal about 12.10 noon.
News
SJB asks what Speaker intended to do about allegations against CJ
… stresses need for action if claims were proved false
Samagi Jana Balawegaya (SJB) MP Dayasiri Jayasekera has sought a clarification from Speaker Dr. Jagath Wickremaratne regarding several allegations against Chief Justice Preethi Padman Surasena, in Parliament, recently.
In a letter dated 31 August, Jayasekera has asked the Speaker whether he received any documentary evidence from MPs in support of the allegations at issue. The SJB MP has also inquired about the steps taken by the Speaker regarding the allegations and whether the issue had been taken up with the relevant agencies authorised to probe the assets of the CJ and members of his family.
MP Jayasekera confirmed that he had raised the issue with the Speaker, following the accusations relating to the high profile X-Press Pearl case, which received significant public attention in the recent past.
The Kurunegala District MP has also asked the Speaker whether the latter contemplated taking action in case the allegations were proved false to ensure that the dignity of the Chief Justice and the judiciary was safeguarded.
Among the issues raised by MP Jayasekera are the acquisition of valuable property in Colombo by the CJ’s son, the circumstances in which he was able to procure the property, as well as accusations regarding the CJ’s birth certificate, marriage certificate and birth certificates of his children.
News
Navy Chief attends strategic-level discussions in Delhi
Navy Chief Vice Admiral Damian Fernando held a series of strategic-level discussions with senior Indian defence and military officials during a three-day official visit to New Delhi. He returned on Sunday (30).
Navy Headquarters said that the two sides discussed ways to further strengthen maritime security cooperation between the two Navies in support of security in the Indian Ocean region. They also exchanged views on expanding training opportunities and capacity-building programmes, as well as other areas of bilateral importance.
During his visit to New Delhi, Vice Admiral Fernando also held official discussions with India’s Chief of Defence Staff, General N.S. Raja Subramani, Defence Secretary Rajesh Kumar Singh and Vice Chief of the Air Staff, Air Marshal Ashutosh Dixit and defence industry representatives. Discussions at these meetings focused on bilateral defence cooperation, joint training programmes, and opportunities to enhance air and maritime cooperation in the Indian Ocean Region.
As part of efforts to further expand cooperation in naval training and professional development, Vice Admiral Fernando also met Vice Admiral Sameer Saxena, Flag Officer Commanding-in-Chief of India’s Southern Naval Command, at its headquarters in Kochi, Kerala. The two sides discussed existing naval training exchange programmes and opportunities for introducing and expanding further training initiatives. The meeting followed the Commander of the Sri Lanka Navy’s visit to INS Dronacharya, the Indian Navy’s training establishment where he previously completed the Long Gunnery and Missile Course.
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