News
VAT 18% from next year
By Rathindra Kuruwita
The Cabinet of Ministers had approved an increase in the value added tax (VAT) from 15% to 18% with effect from 01 January 2024, Cabinet spokesman Bandula Gunawardena told reporters on Tuesday.
Addressing the media in Colombo, Gunawardena said the increased VAT will also be imposed on certain goods and services that are currently not taxed.
Last year the government had taken significant steps to increase tax revenue, the Minister said.
The tax revenue during the first nine months of 2023 had been 51 percent higher compared to 2022, he said.
However, the government had failed to reach the tax collection targets recommended by the IMF, he said, adding that was why the IMF had delayed the release of the second tranche of its loan.
Former President Gotabaya Rajapaksa reduced the VAT from 15% to 8% in 2019. It was increased to 15% on 01 September 2022.
Sri Lanka had collected about Rs 1,751 billion as taxes in 2022, Minister Gunawardena said. The total tax and non tax revenue was 1,979 billion. Rs 956 billion was spent on salaries for 2022. Rs 309 billion was spent on paying pensions. Rs. 506 billion was spent on Samurdhi and other social welfare programmes.
“We can increase salaries. But the money will come from the people,” the Minister said, commenting on the state employees’ demand for a pay hike.
Latest News
Sun directly overhead Pandatharippu, Thellippalai, Varuthaleivilan, Vasavilan, and Manatkaadu about 12:10 noon today (15)
On the apparent northward relative motion of the sun, it is going to be directly over the latitudes of Sri Lanka from the 05th to 15th of April in this year.
The nearest areas of Sri Lanka over which the sun is overhead today (15th) are Pandatharippu, Thellippalai, Varuthaleivilan, Vasavilan, and Manatkaadu about 12:10 noon.
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Heat Index at ‘Caution Level’ in the Northern, North-central, North-western, Western, Eastern and Southern provinces and in Monaragala district
Warm Weather Advisory
Issued by the Natural Hazards Early Warning Centre
Issued at 3.30 p.m. on 14 April 2026, valid for 15 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, 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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“I extend my heartfelt wishes to all Sri Lankans for a peaceful and joyous Sinhala and Tamil New Year!” – President
President Anura Kumara Dissanayake, issuing a New Year message, extend his heartfelt wishes to all Sri Lankans for a peaceful and joyous Sinhala and Tamil New Year!
The Sinhala and Tamil New Year, which symbolises the aspiration for renewal both physically and spiritually, is the foremost cultural festival of the people of this country.
During the Sinhala and Tamil New Year, traditional customs are upheld, with priority accorded to rituals and religious observances, and activities undertaken collectively at a common auspicious time. This shared cultural practice vividly reflects our nation’s identity before the world, as well as the strong socio-cultural bonds that exist among our communities.
We firmly believe that the future path of national development can only be shaped in harmony with this invaluable culture and our distinguished historical heritage. Accordingly, it must be recalled that all our future development plans have been formulated upon the firm foundation of these precious traditions and cultural values.
Moreover, the common aspiration embodied in the customs and rituals associated with the solar transition is the nurturing of a compassionate individual who values togetherness, respects others, and lives in harmony with nature. I believe that the virtues and values of unity reflected in these New Year traditions should not be confined to these few days alone, but should instead be demonstrated throughout the year in our daily conduct.
In the face of the most significant recent natural disaster challenge encountered in the past year, we demonstrated to the world our resilience and capacity to withstand internal shocks. At the same time, in responding to the external challenges arising from the conflict in the Middle East, the Government has already set in motion a well-planned and effectively managed programme to overcome these difficulties.
As a nation, in overcoming these challenges together, I call upon all of you to further dedicate yourselves to enriching your lives through the values of togetherness, sharing, and solidarity exemplified during the Sinhala and Tamil New Year season.
As we strengthen the achievements we have secured and move forward with unwavering resolve in the face of emerging challenges, I invite everyone to join hands in unity to realise the vision of “A Thriving Nation – A Beautiful Life” for all.
I extend my heartfelt wishes to all Sri Lankans for a peaceful and joyous Sinhala and Tamil New Year!
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