Proposed Inland Revenue Amendments Spark Controversy Over Criminalizing Tax Procedural Errors.
Sri Lanka’s proposed Inland Revenue (Amendment) Bill has ignited debate among legal experts and tax professionals over a provision that could turn minor administrative tax failures into criminal offenses, potentially bypassing traditional requirements for proof of fraudulent intent.
Reflecting on the Premadasa Economic Model Amidst Current Fiscal Realities.
This article explores the enduring relevance of President Ranasinghe Premadasa's pro-poor economic philosophy in comparison to the current government's IMF-backed policies, while addressing concerns over recent financial security lapses.
Hong Kong Introduces Strategic Tax Incentives to Become a Global Commodity Trading Powerhouse.
Hong Kong is launching a major tax initiative to attract international commodity traders, slashing tax rates on eligible profits to 8.25% to boost its maritime and trade sectors amid global supply chain instability.
Foreign Investors Urge Comprehensive Tax Reforms in Bangladesh Ahead of Budget.
The Foreign Investors’ Chamber of Commerce and Industry (FICCI) has proposed a series of tax reforms to the National Board of Revenue to improve transparency, reduce the effective tax burden, and foster an investor-friendly environment as Bangladesh nears LDC graduation.














