News
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Sri Lanka’s Excise Department recorded a strong performance in 2025, exceeding its annual tax revenue target and marking one of the most successful years in recent times for the alcoholic beverages sector. According to the latest performance summary, the tax target for 2025, excluding production tax on exports, was set at LKR 227.4 billion, while actual collections reached LKR 232.9 billion, achieving 102.4% of the target. Including production tax on exports, revenue climbed to LKR…
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Liquor outlets across Sri Lanka will remain closed on April 13 and 14 in view of the upcoming Sinhala and Hindu New Year. The Excise Department has announced that this closure applies not only to liquor stores but also to licensed establishments including bars, pubs, restaurants, and hotels that serve alcohol. The measure is part of the country’s annual observance of “dry days” during significant cultural and religious occasions. The Sinhala and Hindu New Year…
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A recent island-wide crackdown under the ‘Ratama Ekata’ operation led to the arrest of over 900 individuals linked to narcotics offences, underscoring the scale of Sri Lanka’s ongoing battle against illegal drugs. A total of 911 raids were carried out in a single day, resulting in the seizure of significant quantities of heroin, methamphetamine (ICE), cannabis, and thousands of narcotic pills. This scale of enforcement reflects a strong and coordinated effort by authorities to curb…
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