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VAT surge threatens Sri Lanka s housing and foreign investments - Adaderana Biz English

By Rohan Parikh In the intricate case of Sri Lanka’s economic rejuvenation, the recent surge in the Value Added Tax (VAT) to 18 percent, coupled with the removal of certain industries from the exemptions list, has emerged as a focal point for concern among foreign investors assessing the country’s economic climate. This shift, occurring within.

Schools welcome Bharat in textbooks, await NCERT directives

Solving Sri Lanka s housing crisis: The urgent need for affordable and social housing initiatives - Adaderana Biz English

By Rohan Parikh Sri Lanka needs a social housing plan. Over the years, I have repeatedly emphasized the detrimental impact of the housing shortage and high costs in Sri Lanka, particularly in the Colombo Metropolitan Area, on the country’s economic growth. We have witnessed how housing booms have coincided with and fuelled the economic miracles.

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