Government makes sugar bitter with Rs. 16 billion loss

The reduction of the Special Commodity Levy on sugar from Rs. 50 per kilo to 25 cents per kilo in October last year allowing bulk imports by one importer had resulted in a loss of Rs. 16 billion in tax revenue, a report submitted by the Finance Ministry to the Committee on Public Finance has revealed.







Mahanayake Theras urged to study Easter Sunday PCoI report – Ven. Gnanasara Thera

General Secretary of Bodu Bala Sena Organization, Ven. Galagoda Aththe Gnanasara Thera said a request had been made to Most Ven Mahanayake Theras to formally study the distortions caused by the recommendations of the report of the Presidential Commission of Investigations (PCoI) on the Easter Sunday terror attacks and to issue a joint statement in this regard.