News
EPDP: Fielding common candidate not beneficial to Tamil community
Fisheries Minister Douglas Devananda has declared in Jaffna that the Tamil community shouldn’t field a candidate at the forthcoming presidential election.
Devananda, who is also the leader of the Eelam People’s Democratic Party, while reiterating his support for incumbent President Ranil Wickremesinghe’s candidature at the Presidential Poll, said that the Tamil leaders should accept responsibility for the non-implementation of the 13th Amendment fully.
The declaration was made in Jaffna this week while promoting Wickremesinghe’s candidature in the North. The Jaffna District lawmaker warned that fielding a Tamil candidate at this juncture would be severely inimical to the interests of the Tamil community.
Minister Devananda urged the electorate not to find fault with the governments of Sri Lanka and India for non-implementation of some sections of the 13th Amendment to the Constitution.Parliament enacted the Provincial Council law on Nov 12, 1987 in terms of the Indo-Lanka accord.
Minister Devananda claimed that the LTTE formed the Tamil National Alliance (TNA) as it feared him. However, the LTTE’s project had gone awry and the TNA was in turmoil today, MP Devananda said, alleging that the former LTTE ally was making an attempt to regroup by promoting the common candidate idea among the Tamil community.
Minister Devananda said that the Indo-Lanka accord had been entered into and implemented in the wake of the Tamil groups’ failure on the war front, as well as in upcountry areas, due to ideological differences.The North East Provinces would have been in a much better situation today had the Tamil community accepted the 13th Amendment to the Constitution at that time (SF)
News
Amendment of the Inland Revenue Act No. 24 of 2017
Approval of the Cabinet of Ministers has been granted at their meeting held on 19.05.2025 in order to introduce amendments to the Inland Revenue Act No. 24 of 2017 including the proposed tax revisions to enhance the tax structure paving way for state financial integrity based on revenue.
Accordingly, the revised draft bill has been prepared by the legal draftsman and clearance of the Attorney General has been received.
Therefore, the Cabinet of Ministers has granted approval for
the resolution furnished by the President in his capacity as the Minister of Finance, Policy Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and subsequently, forward the same to the Parliament for its concurrence.
News
Cabinet nod for “National Mineral Policy” – 2026
The National Mineral Policy was prepared for the first time in the year 1999, and the aforementioned policy has been amended in 2023 to cover matters such as preparing an updated data system related to mineral resources, adding value to the export of minerals, encouraging mineral-related industrialists, extracting mineral resources and managing the environment sustainably, and resolving the issues related to the ownership of the land arising in extracting mineral resources.
The revised National Mineral Policy has been reupdated in line with the manifesto “A Sustainable Resource Utilization – Generation of the Highest Benefit” under the policy statement of the current government” A Thriving Nation – A Beautiful Life.”
Accordingly, the Cabinet of Ministers has approved the resolution presented by the Minister of Industries and
Entrepreneurship to implement the so-formulated “National Mineral Policy—2026.”
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