Directions regarding Covid-19 measures w.e.f 10.06.2022 (dated -09.06.2022) – Ministry of Health

– It is not mandatory to wear facemasks indoors and outdoors. However it’s if preferable that persons having respiratory symptoms wear a facemask. This direction does not prevent persons wearing face masks according to their wish.

– Performing of Covid-19 PCR test/Rapid Antigen Test (RAT) should not be done as a screening test, refer attachment for further details

Speaker ratifies the Electricity (Amendment) Bill-Colombo Page

Government introduces a Social Security Fund by imposing a new tax on importers & manufacturers- Colombo Page

Notification regarding Rates of Exchange effective from 13.06.2022 – Dept. of Customs

The Notification relating to the Rates of Exchange published in Gazette No. 2283/01 of 06th June, 2022 is hereby rescinded, refer attachment for further details.

Manusha urges expat workers to remit funds through banks-Dailynews.LK

CBSL says current credible exchange rate regime has made positive impact-FT.LK

Notice regarding Maximum interest rates on foreign currency deposits of licensed commercial banks and the national savings bank (dated – 08.06.2022)- Central Bank of Sri Lanka

– Issued under section 104(1) (a) of the Monetary Law Act, No. 58 of 1949, as amended.

– Monetary Law Act order No. 03 of 2021 dated 30 December 2021 on Maximum Interest Rates on Foreign Currency Deposit of Licensed Commercial banks and the National Savings Bank except order 7 is hereby revoked, refer attachment for further details

Notification regarding Rates of Exchange with effective from 06.06.2022 -Dept. of Customs

– The Notification relating to the Rates of Exchange published in Gazette No. 2282/01 of 30th May, 2022 is hereby rescinded, refer attachment for further details

Notification regarding Colombo Consumer Price Index (CCPI) (Base 2013=100) for May 2022 (dated -31.05.2022)-Dept. of Census and Statistics

Govt. ends imports licensing of select products but slaps higher taxes-FT.LK

Order under Section 2A of Value Added Tax Act, No. 14 of 2002 (dated – 31.05.2022)- Ministry of Finance

– The Value Added Tax shall be charged ;

– On import of goods set out in the H. S. Code and description specified in Column I and II of Schedule of the Extraordinary Gazette Notification No. 2095/20 dated November 01, 2018, at the rate specified in the corresponding entry in Column III of such Schedule ; and

– On the import and/or supply of goods or supply of services, other than the import of goods as referred to under sub-paragraph (a) of this paragraph, at the rate of twelve per centum (12%)   The Order made under Section 2A of the Value Added Tax Act, No. 14 of 2002, as amended by Act, No. 06 of 2005 and published in the Extraordinary Gazette Notification No. 2151/52 dated November 29, 2019 is hereby rescinded.

– This Order shall come into effect from June 01, 2022, refer attachment for further details

Notification regarding Rate of Exchange effective from 30.05.2022 – Dept. of Customs

– The Notification relating to the Rates of Exchange published in Gazette No. 2281/01 of 23rd May, 2022 is hereby rescinded, refer attachment for further details

CB imposes 100% cash margins on select imports-FT.LK

CBSL implements extraordinary measures to support banking sector- FT.LK

Notice on Regulatory requirements amidst prevailing extraordinary macroeconomic conditions (dated -23.05.2022) – Central Bank of Sri Lanka

– After careful consideration the extraordinary circumstances caused by the current macroeconomic conditions, the monetary board hereby issues the directions to licensed commercial banks and licensed banks, subject to periodic review, refer attachment for further details