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Fri05242013

Last update01:00:35 AM GMT

IOC does not pay government taxes – Lakshman Yapa

Saturday, 26 May 2012 19:53

alt Deputy Minister of Economic Development Lakshman Yapa Abeywardena said that fuel stations of Lanka Indian Oil Company (IOC) do not pay taxes to the government under the Agreement signed between Board of Investment (BOI) and IOC in 2010.

IOC has exempted from taxes for the period commencing from 2002 to 2013 and that there is no necessity to take action against IOC for evading taxes, Minister pointed out. Minister made this observation in response to a query posed by Anura Kumara Dissanayake (DNA) in parliament recently.

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Fire destroys a cargo ware house in Colombo Port
24/05/2013

A fire eruption in a cargo warehouse (CFS 1) in Colombo Port has been reported in early hours of the day (24), Ports Authority sources said.

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First ever Tele-Pandal from Sirasa TV
24/05/2013

The first ever Tele-pandal erected by Sirasa TVe will be displayed at Sirasa Vesak Zone in Braybrooke Place, Colombo 2, focusing everybody’s key attraction on this new creation during Vesak Week.

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Sri Lankan's first Youth Park in Matara
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The work is under way in constructing the Sri Lanka’s, first Youth Park in Matara. The work is proposed to be completed before the World’s Youth Day celebrations.

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President takes part in school sil campaigns
24/05/2013

President Mahinda Rajapaksa, and Minister Bandula Gunwardena on Thursday (23) visited some schools in Colombo and took part in religious observances with school children at Sil campaigns organized to mark Vesak Week.

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