The Parliament of Sri Lanka is to hold an adjournment debate on the Economic Review Report for 2025 issued by the Central Bank of Sri Lanka (CBSL) today (20), following its second reading debate on the Inland Revenue (Amendment) Bill held yesterday.

Accordingly, tomorrow (21) three sets of regulations under the Import and Export Control Act are scheduled to be taken up for debate.

The Parliamentary Secretariat also stated that condolence motions in honour of several deceased former Members of Parliament will be presented on 22 May.

Deputy Minister of Economic Development Nishantha Jayaweera said the Inland Revenue (Amendment) Bill aims to simplify Sri Lanka’s tax system.

However, Samagi Jana Balawegaya Parliamentarian Ajith P. Perera alleged that the Government is attempting to introduce criminal proceedings against individuals who delay tax payments through the proposed amendments.