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    ආනයන රෙගුලාසි පැනවීම – Nishan de Mel on Hiru Evening Newscast
    by |10 September 2021|Interviews & Articles
    Executive Director Nishan de Mel speaks to Hiru News on the recently imposed import restrictions and their effect on government revenue, advocating ultimately for sound and critical policy analysis.
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    Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar
    by |10 September 2021|Verité in the News
    Published on CGTN Sri Lanka is under a state of emergency with rising costs and fears over the economy. And the President's proposals are igniting controversy. Roel Raymond reports. The price of essential items has increased greatly in Sri Lanka,...
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    ‘Sri Lanka’s Import Regime is One of the most Complex and Protectionist in the World’ – US State Department
    by |24 July 2021|Verité in the News
    Published on Tamil Guardian  Citing the World Bank, the US State Department‘s Investment Climate report highlights that Sri Lanka’s “import regime is one of the most complex and protectionist in the world”. The World Banks’ Doing Business Index ranked Sri...
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    Loopholes hamper outcome of import tax relief programs – Study
    by |27 August 2018|Verité in the News
    Tax exemptions come as a shot in the arm for businesses saddled with various taxes such as Import Duty, Import Cess, Port and Airport Development Levy, Nation Building Tax (NBT) and Value Added Tax (VAT) which are key revenue sources...
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    Import taxes
    by |23 August 2018|Verité in the News
    Import taxes are an important part of an economy. They provide tax revenue, raw materials and products that directly affect the lives of people. However, a recent study has found that Sri Lanka’s import tax exemption schemes are too opaque,...
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    Study finds Sri Lanka import tax exemption schemes prone to abuse
    by |23 August 2018|Verité in the News
    Sri Lanka’s import tax exemption schemes are not transparent, subject to undue official discretion and prone to abuse, a study by the Verité Research think-tank has found. Called ‘Wading Through Murky Waters’, the think-tank said its findings were a case...
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    Opaque import tax exemptions pave way for abuse: Report
    by |23 August 2018|Verité in the News
    Sri Lanka’s import tax exemption schemes are too opaque, resulting in them being open to abuse and corruption, a case study by a prominent think tank has found, with decisions frequently subject to officials’ discretion as regulations are unavailable to...
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    Study reveals SL’s import tax exemption schemes prone to abuse
    by |23 August 2018|Verité in the News
    Sri Lanka’s import tax exemption schemes are prone to abuse as they lack predictability, efficiency and openness, a study by a Colombo-based think tank has revealed. The import taxes are a critical source of government revenue. Depending on the product,...
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