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State FM calls for report from IR, admits difficulty in punishing racketeers

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Sugar tax scam: National Audit Office estimates Rs 16.7 bn revenue loss

By Shamindra Ferdinando

State Minister of Finance, Economic Stabilisation and National Policies Ranjith Siyambalapitiya has asked for a report from the Inland revenue Department on the income tax returns of sugar importers who have allegedly benefited from an unprecedented reduction of duty on a kilo of sugar on 13 Oct., 2020.

The gazette pertaining to the duty reduction (Special Commodity Levy) from Rs 50 per kilo to 25 cents was issued by the Finance Ministry during the tenure of the then Prime Minister Mahinda Rajapaksa, who also served as the Finance Minister. S. R. Attygalle served as the Finance Secretary at the time.

State Minister Siyambalapitiya revealed his decision to call for a report during a visit to the Inland Revenue head office on Thursday (22).The Ministry spokesperson quoted Minister Siyambalapitiya as having told Inland Revenue Department officials that losses caused by the duty reduction couldn’t be recovered by re-imposing the duty even if a fraud had been perpetrated in the process. The State Minister was further quoted as having said that it wouldn’t be an easy task to punish those responsible for

the duty reduction. Those responsible could claim that their intention was to bring down the price of sugar, the SLFPer has said.The State Minister has intervened in the sugar tax scam in the wake of the National Audit Office recommending the recovery of revenue losses from those sugar importers. The National Audit Office has conducted a special audit to examine whether consumers benefited at all as a result of the sharp reduction of sugar tax.

The special audit revealed that within four months of reducing the tax (14th October 2020 to 8th February 2021) the cash-strapped government was deprived of tax revenue of a whopping Rs. 16.763 Billion.The audit investigation named one of the main sugar importers recorded a massive profit of some 1,222%.

The report underscored that the tax reduction did not provide relief to the people, but greatly benefited the importers and traders.The former Chairman of the Committee on Public Finance SLPP MP Anura Priyadarshana Yapa declared that consumers didn’t benefit from the duty reduction.



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We aspire to build a nation where all citizens coexist in peace and resilience for the future generation -PM

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Prime Minister Dr. Harini Amarasuriya stated that the government is ready to listen to the people and aspire to ensure a peaceful and united nation for future generations.

The Prime Minister made these remarks while addressing public gatherings on April 20 at the Manik Farm Community Development Centre in Settikulam and the Ukkulankulam Ground in the Vanni electoral district.

The current Parliament has the highest number of female representation in its history. Previously, women constituted less than 5% of Parliament out of the total number of 225  However, 52% of the country’s population are women.

Women play a significant role in sustaining the economy, maintaining family structures, and upholding society yet their representation in decision-making bodies has been limited. Therefore, we urge you to elect not only male representation to Parliament but also more female representatives from the Vanni district.

Vavuniya is currently developing into a thriving city. Therefore, essential services expected from provincial councils must be effectively delivered. Local government bodies should actively participate in the development of the rural sector.

We recognize that education holds significant value for the people of the North. You place great importance on education. However, the country’s education system has deteriorated and weakened. Specifically, the lack of necessary attention to the education sector in the North has made it more challenging compared to other regions. Moreover, I have learned of a more alarming issue that the diminishing value placed on education by young men and women. Clandestine Drug Distribution and alcohol are now readily visible in everywhere. There are no avenues for youth to find joy while avoiding these substances. The underdevelopment of fields such as science, arts, and drama has left them without means to find happiness. Therefore, significant interventions must be necessary.

If you elect a group that is free from corruption and fraud, we can allocate funds without hesitation, ensuring they reach the appropriate hands. These funds can then be directed towards the development of your village. That is why your choice is important.

The events were attended by Deputy Minister of Co-operative Development, Upali Samarasinghe, Vavuniya District MPs S. Thileepan and M. Jegatheeswaran, along with the local government candidates and residents.

[Prime Minister’s Media Division]

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Exposition of sacred tooth relic extended by an hour –

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[file pic]

The Sri Dalada Maligawa has announced that due to the large number of devotees coming to Kandy to venerate the sacred tooth relic, the  time of exposition of the sacred tooth relic has been extended by an hour.

Accordingly the public can pay homage from 11.30am upto 05.30pm from today [21]

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Pope Francis has died at the age of 88, Vatican says

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Pope Francis has died at the age of 88, the Vatican has announced.

His Eminence, Cardinal Farrell, announced with sorrow the death of Pope Francis, with these words: “Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis. At 7:35 this morning (local time), the Bishop of Rome, Francis, returned to the house of the Father. His entire life was dedicated to the service of the Lord and His Church.” “He taught us to live the values ​​of the Gospel with fidelity, courage and universal love, especially in favour of the poorest and most marginalised.”

Farrell adds: “With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite merciful love of the One and Triune God.”

Francis’s papacy heralded many firsts and while he never stopped introducing reforms to the Catholic Church, he remained popular among traditionalists.

He was the first Pope from the Americas or the southern hemisphere. Not since Syrian-born Gregory III died in 741 had there been a non-European Bishop of Rome.

He was also the first Jesuit to be elected to the throne of St Peter – Jesuits were historically looked on with suspicion by Rome.

Francis’s predecessor, Benedict XVI, was the first Pope to retire voluntarily in almost 600 years and for almost a decade the Vatican Gardens hosted two popes.

As Cardinal Bergoglio of Argentina, he was already in his seventies when he became Pope in 2013.

[BBC]

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