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The article outlines the challenges facing Sri Lanka’s budget for 2024, as assessed by Fitch Ratings. It highlights the discrepancies between the government’s fiscal targets and IMF projections, emphasizing the uncertainties in revenue generation and increased spending plans. Fitch Ratings…
In today’s dynamic business landscape, grasping the foundational concepts of accounting isn’t merely beneficial – it’s absolutely essential. Whether you’re a recent school graduate or a budding young professional looking to build a strong financial foundation, this guide serves as…
In the realm of employment, compensation and benefits, though often used interchangeably, bear distinct characteristics that set them apart. These vital components of remuneration form the cornerstone of employee satisfaction and organizational success. Compensation, the first facet of this paradigm,…
In the dynamic landscape of modern business, innovation is the cornerstone of growth and sustainability. Amid this era of data-driven decision-making, blockchain solutions have emerged as a game-changer, reshaping the very foundations of how businesses operate and interact with their…
In a dynamic landscape of taxation, staying abreast of regulations is crucial for individuals and businesses alike. Recently, the Sri Lankan government issued a Tax Alert, outlined in Gazette Notification No 2334/21 dated 31 May 2023. This notification introduces additional categories…