,

Sri Lanka Announces Revisions to Social Security Contribution Levy Act

by

in ,

Sri Lanka’s cabinet of ministers has approved the submission of a bill to parliament to amend the Social Security Contribution Levy Act, No. 25 of 2022, according to Minister Nalinda Jayatissa. The bill, prepared by the Legal Draftsman, aligns with a proposal from the 2026 budget. Minister Jayatissa declined to comment on whether the levy would be increased or decreased.

“The clearance of the Attorney General has been received for the said bill,” the minister confirmed. Following its publication in the government gazette, the bill will be submitted to parliament for approval.

(Colombo/Feb25/2026)


Deals from DealBook.lk



Latest News


  • Sri Lanka Fuel Prices Remain Discounted Despite Global Energy Crisis

    Sri Lanka Fuel Prices Remain Discounted Despite Global Energy Crisis

    Petrol 95 should be Rs. 420 per Litre whilst Super Diesel Should be more than Rs. 400 per Litre. Sri Lanka’s fuel prices have risen modestly in recent weeks following the sharp increase in global oil prices triggered by the escalating conflict in the Middle East. However, a comparison between international crude oil movements and

    Read more


  • Sri Lanka Olympic Committee Partners with Carnage to Enhance Athlete Support

    Sri Lanka Olympic Committee Partners with Carnage to Enhance Athlete Support

    FINANCIAL CHRONICLE – The National Olympic Committee of Sri Lanka (NOC Sri Lanka) is partnering with Carnage to boost athlete development and performance on the international stage. Carnage will serve as the official activewear partner to the NOC, supporting national athletes with high-performance apparel, the company said in a statement. “This partnership is about supporting

    Read more


DAILY NEW DIGEST


▶︎•၊၊||၊|။|||||။၊|။•