
08/07/2025
"๐๐จ ๐๐จ๐ซ๐ ๐
๐ซ๐๐ ๐๐ข๐๐๐ฌ : ๐๐ซ๐ข ๐๐๐ง๐ค๐ ๐ญ๐จ ๐๐๐๐จ๐ซ๐ฆ ๐๐๐ฑ ๐๐ฑ๐๐ฆ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ."
Sri Lanka will end discretionary tax exemptions under the SDP and Port City Acts due to IMF concerns.
New approvals have been halted since December 2023, though 24 companies received exemptions without IMF input.
Reforms by late 2025 will introduce clear rules and limit incentive duration.
The government will report regularly to the IMF and publish exemption details to ensure transparency.