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Price of cement bag to drop

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The price of a kilogram of cement will decrease by a rupee, leading to a reduction of approximately Rs. 100 per bag of cement, Finance Ministry officials have said.

The Order presented by ministry officials to reduce the prevailing CESS tax on cement received approval from the Committee on Public Finance (CoPF).

 Matters related to the said were discussed when the Committee on Public Finance met in Parliament on Jan. 08, chaired by MP Dr. Harsha de Silva.

Steps to obtain CESS income
Accordingly, Order under section 14 of the Sri Lanka Export Development Act, No. 40 of 1979 published in the Gazette Extraordinary No. 2400/25, Notification under Section 3(4) of the Strategic Development Projects Act, No. 14 of 2008 published in the Gazette Extraordinary No. 2399/16, Order under Section 3(4) of the Strategic Development Projects Act, No. 14 of 2008 published in the Gazette Extraordinary No. 2401/19, 06 Gazette Notifications published under 06 Orders under the Special Commodity Levy Act, No. 48 of 2007, and Notification under Welfare Benefits Act, No. 24 of 2002 published in the Gazette Extraordinary No. 2415/66 were taken into consideration by the Committee.

Considering Order under section 14 of the Sri Lanka Export Development Act, No. 40 of 1979 published in the Gazette Extraordinary No. 2400/25, the Chair of the Committee on Public Finance instructed officials of the Ministry of Finance to take necessary measures to ensure that revenue generated through the CESS tax imposed for export development is directly transferred to the relevant financial institutions.

Additionally, the Order to reduce the tax imposed on the export of rock boulders, which was introduced during the construction of the Hambantota Port, was also approved by the Committee. Accordingly, a tax of Rs. 1,000 per cubic meter will be levied for the export of one million metric tons of rock boulders.

Approval to increase benefits to Aswesuma beneficiaries

In consideration of the Notification under Welfare Benefits Act, No. 24 of 2002 published in the Gazette Extraordinary No. 2415/66 The Committee on Public Finance approved the benefits to be provided to beneficiaries of the Aswesuma program by the end of this year. During the discussions, approval was given to increase the allowance for households under extreme poverty from Rs. 15,000 to Rs. 17,500, for households currently receiving Rs. 8,500 to Rs. 10,000, and for households receiving Rs. 2,500 to Rs. 5,000. The allowance of Rs. 5,000 for households in reception of the said amount was decided to be kept unchanged.

Whilst the Notification under Section 3(4) of the Strategic Development Projects Act, No. 14 of 2008 published in the Gazette Extraordinary No. 2399/16 pertaining to the Western Terminal of Colombo Port did not receive the approval of the Committee, it was decided to re-consider the Order under Section 3(4) of the Strategic Development Projects Act, No. 14 of 2008 published in the Gazette Extraordinary No. 2401/19 Regarding a garment factory to be built in Batticaloa on a later date.

Moreover, 06 Orders under the Special Commodity Levy Act, No. 48 of 2007 were taken into consideration with regards to extending the validity periods and reducing taxes.

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03 remanded over shooting of Halloluwa’s vehicle

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The Colombo Magistrate’s Court on May 24 ordered to remand 03 suspects over the shooting of Thusitha Halloluwa’s vehicle.

They have been remanded until May 29.

The remanded suspects include the shooter’s wife, who was arrested at a Maharagama housing complex.

Officers from the Colombo Crime Division (CCD), who are investigating the shooting incident further state that the other 02 arrested are the security guard of the housing complex and a person who was traveling with the shooter.

Investigations have also revealed that the security guard of the apartment complex alerted the shooter about the police arrival during the raid, leading the shooter to flee immediately.

The vehicle of Thusitha Halloluwa – the former DG of Public Relations to former President Ranil Wickremesinghe, was shot in Narahenpita on May 17.

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Basil Rajapaksa absent from court; bail not revoked

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Matara Magistrate Aruna Buddhadasa recently ordered Basil Rajapaksa – founder of the Sri Lanka Podujana Peramuna and former Finance Minister, to appear before the Matara Magistrate’s Court on November 21.

The Magistrate made the order when he took up an existing case regarding a land in the Eliyakanda area of Matara that was purchased using allegedly illegally earned money of Rs.50 million.The FCID had filed this case against Basil Rajapaksa and 04 other defendants in 2017 over the alleged purchase of a 1.5 acre land in Eliyakanda, Matara under the name of his wife’s sister, using Rs.50 million allegedly obtained through illegal means.

The first suspect in this case is Tissa Galappaththi, the second suspect is Muditha Jayakody, the third suspect is former Minister Basil Rajapaksa, and the fourth suspect is Ayomi Galappaththi, the sister of the former Minister’s wife.The first suspect in this case is Tissa Galappaththi, the second is Muditha Jayakody, the third is former Minister Basil Rajapaksa, and the fourth is Ayomi Galappaththi, the sister of Rajapaksa’s wife.

While the first 02 suspects, who are out on bail, appeared in court, Basil Rajapaksa and Ayomi Galappaththi were absent.

Deputy Solicitor General Lakmini Girihagama, representing the Attorney General’s Department, noted that while Basil had been granted court permission to travel abroad until May 23, he failed to appear without a reasonable excuse and requested that his bail be revoked and a warrant issued.

In defense, President’s Counsel Anil Silva stated that his client had booked return flights for May 18 and 19, but US doctors had advised Rajapaksa against flying for 06 months after he had fallen off a chair, sustaining damage to his neck and nerves.

Girihagama questioned the claim, stating that the X Rays only indicated a neck sprain and a minor muscle strain. Noting that the medical reports were dated March 18, 2025, it was also questioned as to why tickets were booked for May 18 and 19 if doctors had actually advised against flying for 06 months. Therefore, Girihagama called for the court to revoke bail.

President’s Counsel Silva strongly defended his client, rejecting accusations of faking illness, affirming the credibility of US medical reports, and assuring the court of his client’s presence at the next hearing, arguing there is no need for a warrant or revoke bail.

After hearing both sides, Magistrate Aruna Buddhadasa decided not to issue a warrant or revoke bail, instructing that the accused be present on the next court date. The case was postponed to November 21.

(Source: Dinamina)

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President Dissanayake pays last respects to cinema legend Malini Fonseka

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President Anura Kumara Dissanayake paid his final respects yesterday (25) evening to the late veteran actress Malini Fonseka, fondly remembered as the “Queen of Sri Lankan Cinema.”

Her remains have been placed at the Tharangani Hall of the National Film Corporation, allowing the public to bid farewell to the beloved screen icon.

Malini Fonseka passed away in the early hours of May 24 at the age of 78 while undergoing treatment at a private hospital in Colombo. 

Her body was initially kept at her Madiwela residence before being moved to the National Film Corporation, where crowds continue to gather in tribute.

Among the dignitaries paying their respects were former Presidents Ranil Wickremesinghe, Mahinda Rajapaksa, Gotabaya Rajapaksa, and Chandrika Kumaratunga.

The final rites of the legendary actress will be held today (26) with full state honors at Independence Square.

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