Sri Lanka and India will soon sign a DTA

India and New Zealand signed a free trade agreement (FTA) on Monday, 27 April 2026  in New Delhi, aiming to cut tariffs, expand market access and strengthen economic ties amid ongoing global trade tensions. The deal was signed by India’s

Sri Lanka's Inland Revenue Department has announced on 8 April 2026 major changes to the tax treatment of fabric imports, effective 1 April 2026, which will impact both importers and local suppliers in the textile sector. VAT rate increases to

Sri Lankan Inland Revenue Department (IRD) has issued Notice PN/VAT/2026-04/1 on 08 April 2026 to all Value Added Tax (VAT) registered persons, providing clarification on the VAT treatment of fabric imports and supplies following recent Gazette

Sri Lankan Inland Revenue Department (IRD) has issued a formal reminder to taxpayers regarding Value Added Tax (VAT) obligations for the period ending  31 March 2026, reaffirming strict compliance requirements for payments, return submissions, and

Sri Lankan Inland Revenue Department (IRD) has issued a final reminder to all relevant taxpayers regarding the payment of VAT on Financial Services (VAT on FS) for March 2026, with the due date set as 20 April 2026. Taxpayers are required to settle

Denmark expanded its economic engagement with India on 8 April 2026 with the launch of the Indian Danish Chamber of Commerce (IDCC) in New Delhi, aiming to strengthen trade, investment and business linkages ahead of the anticipated ratification of