COLOMBO, Sri LankaCOLOMBO, Sri Lanka — Sri Lanka’s president on Monday proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis.

Sri Lanka's government on Tuesday announced a taxation overhaul to maximise revenue amid the country's crippling economic crisis, hiking value added taxes and corporate income tax, and slashing the ...

Constitutional crisis. Economic uncertainty. Fist fights in Parliament. These are among the consequences of the Sri Lankan president’s recent move to dismiss the country’s sitting prime minister.

People gather at a street side food seller at a market place in Colombo, Sri Lanka, Monday, Nov. 14, 2022. (AP Photo/Eranga Jayawardena) 31,690 people played the daily Crossword recently. Can you ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. COLOMBO, Sri Lanka (AP) — Sri Lanka’s ...

The Wickremesinghe government plans to more than double tax revenue to be able to meet expenditure without having to print currency. Sri Lanka’s president on Monday proposed to more than double the ...