Sri Lanka has enacted the Inland Revenue (Amendment) Act No. 11 of 2026, introducing higher capital gains tax rates, expanded taxpayer identification number (TIN) requirements and tougher compliance measures, according to a KPMG Sri Lanka analysis.
D: https://t.co/2lPwFpFMfJ
At this rate even Petroleum products and Coconut based exports might overtake Tea.
It might end up at 6th place,
If Tea value addition is done properly and exported it can regain it’s position to 2nd even.
Need to focus on our traditional and signature crop to keep up the name.
🚨 THIS WEEK'S TIMELINE IS SOMETHING MARKETS HAVEN'T SEEN IN YEARS
And this could cause a massive volatility.
First of all, the markets are already going through the US-Iran war, which has choked 20% of global oil supply.
But that's something that markets have already priced in.
What's new happening is China's military build-up around Taiwan, which is the largest in weeks.
As we know, the entire US stock market has been held up by AI companies, and Taiwan is a crucial part of it.
Taiwan produces almost 60% of the world's semiconductors and 90% of advanced chips, which are used in AI, data centers, etc.
If China attacks Taiwan now, it would create a global crisis worse than 2020 and 2008.
Now, moving to other macro data, the US will release PPI and Core PPI data this week.
The Fed interest rate decision and Powell's press conference will happen this week.
Not only that, but the Bank of Japan, European Central Bank, and Bank of England interest rate decisions will also happen this week.
And the timing of these meetings is very important.
Europe is going through an energy crisis, Japan is suffering from rising inflation, and US consumers are also facing high gas prices.
All this could make central banks more hawkish, and they could hint about tightening, which is not something markets want.
So this week, we have:
US-Iran on-going war
Threat of China attack on Taiwan
US inflation and jobs data
Fed, BOJ, ECB, and BoE interest decisions.
Needless to say, this is going to create immense volatility.
President Donald Trump’s first appearance with David Letterman in 1986.
David Letterman was obsessed with how much Donald J. Trump was worth and kept trying to get an answer out of him.
Thank you Prime Minister @CMShehbaz for ensuring the game we all love goes on. Delighted that the eagerly awaited India and Pakistan match at the ongoing T20 Cricket World Cup in Colombo will proceed as planned.
As co-host of the tournament, Sri Lanka thanks the @ICC and all concerned for their efforts. Sri Lanka hasn’t forgotten the solidarity shown by both India and Pakistan during the 1996 World Cup, when they played in Colombo at a time when others refrained due to security concerns.
🚨 Be aware of scammers!
🔹 CoinMarketCap will NEVER DM you first. If you receive a message claiming to be from CMC & asking for funds, it's a scam!
Always verify before sending out your funds!
Stay #SAFU
#Gold prices hit ATH of $2,500 fueled by lower Dollar and lower US Treasury yields. Year-to-date, Gold is up 20.7%, setting the stage for its strongest annual performance since 2020 when it gained 25.1%.
Give Away Alert!!
1. Artificial Intelligence
2. Machine Learning
3. Cloud Computing
4. Ethical Hacking
5. Data Analytics
6. AWS Certified
7. Data Science
8. BIG DATA
9. Python
10 MBA
For 24 Hours only!
To get it:
1. Follow @kamran4300
(so I can DM)
2. Like & retweet
3. Reply "Send"
Proposal for free visas for China, India, Russia, Thailand & Indonesia presented to Cabinet
"Purpose of exempting tourists from many countries from visas is to attract more tourists to #SriLanka" -Ministry
The doors will be opened for a new leap in the tourism sector -Minister
Airdrop hunting is the most profitable way to earn BIG in #crypto
But there're so many airdrop strategies that u can't keep track of them all
I've gathered 50+ strategies in 1 thread (bookmark it so u don't lose it) 🧵