To foster Micro, Small & Medium entrepreneurs, Venture Capital investments will be encouraged to provide equity investments and provide technical and monetary support, Finance Minister Ravi Karunanayake said presenting the 2016 Budget.
To facilitate this income tax on Micro, Small and Medium entrepreneurs will be reduced by 50% for the first 5 years with effect from April 1, 2016.
Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy
“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours
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12 years at the heart of every breaking story Ada Derana News Channel marks another milestone
“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?
Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella
Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals
“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion
Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera
Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions
Farmers raise concerns over unopened govt paddy warehouses
Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police
Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence
Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21
“Democracy must be defended from elected leaders” - Former BASL President
