• Latest
  • Trending
  • All
Parliament Insight: Committee Meeting News

Parliament Insight: Committee meeting news this week

8 January, 2021
President

President declares open South Asia’s largest tyre manufacturing factory

15 January, 2021
Weather Forecast

Weather: Fairly heavy falls about 75mm can be expected today

15 January, 2021
Parliament of Sri Lanka

Parliament: PCR tests carried today

13 January, 2021
Showers

Fairly heavy showers above 75mm can be expected

13 January, 2021
Low floor busses

Cabinet Decisions: Approves to purchase 200 Low Floor Buses

12 January, 2021
Ranjan Ramanayake

Ranjan Ramanayake sentenced to 04 years of rigorous imprisonment

12 January, 2021
Nancy Pelosi

Democrats give VP Mike Pence ultimatum to remove Trump from White House – Nancy Pelosi

12 January, 2021
Cinema Hall

Local cinema entertainment tax waived for 2 years

12 January, 2021
Udaya Gammanpila

Cabinet Decisions: Public sector to get Flexible working hours

12 January, 2021
Parliament of Sri Lanka

Parliament continues to function adhering with health guidelines – Secretary General Dhammika Dasanayake

12 January, 2021
Showers

Showers over Northern and Eastern provinces is expected to continue further

12 January, 2021
Rauff Hakeem

SLMC leader Rauff Hakeem tested positive for coronavirus

10 January, 2021
  • About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact
Monday, 18 January 2021
26 °c
Colombo
26 ° Tue
26 ° Wed
26 ° Thu
26 ° Fri
Sri Lanka News - BusinessNews.lk
  • Home
  • News
    • Local
    • Covid-19
    • Developments
    • Sports
    • World
    • Weather
  • Business
    • Banking & Insurance
    • Corporate
    • CSR
    • Economy
    • Entrepreneur
    • Financial
    • Travel
    • Budget
  • Magazine
  • News – Sinhala
    • Business – Sinhala
No Result
View All Result
Sri Lanka News - BusinessNews.lk
Home Local News

Parliament Insight: Committee meeting news this week

by Editor
8 January, 2021
in Local News, Local Storie, News
3 min read
Parliament Insight: Committee Meeting News

Parliament Insight: Committee Meeting News

1.4k
VIEWS
Share on FacebookShare on Twitter

Parliament Insight: Intellectual Property Amendment Bill for Visually Impaired or Print disabled persons to be tabled in Parliament today

The Intellectual Property Amendment Bill aimed to facilitate access to published works for persons who are blind, visually impaired, or otherwise print disabled (those who are unable to use the print media due to any physical disability) was considered by the Ministerial Consultative Committee on Trade held under the patronage of Minister of Trade Hon (Dr.) Bandula Gunawardena on Wednesday (06).

The Hon. Minister of Trade presented the Bill in Parliament on the 26th of November 2020. The amendment to this bill is due to be tabled in Parliament for the second reading today (07).

Accordingly, the Committee was informed that the Intellectual Property Act No. 36 of 2003 will be amended. Thus, an audio recording of any book can be issued for those who are blind, visually impaired, or otherwise print disabled (those who are unable to use the print media due to any physical disability). It was pointed out to the Committee that a software is used for this purpose and that such audio recordings can be used for the convenience of the persons with special needs without paying royalty.

However, regulations will be added in the future so that no one can misuse it for commercial purposes, the Minister said. The Committee was further informed that more than one million people who are currently disabled will benefit immensely from this.

State Minister Hon. Lasantha Alagiyawanna, Members of Parliament Hon. Nalin Fernando, Hon. Marjan Faleel, Secretary to the Ministry of Trade and government officials were present at the meeting.

COPA Decided to Publicize through Media, a list of all the institutions which fail to pay the due levy – Committee on Public Accounts

The Committee on Public Accounts came to a decision during its meeting held on Wednesday (06) to publicize all the institutions which have failed to pay the due levy by submitting a list of such institutions to the Media.

Chairman of the Committee Prof. Tissa Vitarana instructed the Inland Revenue Department to submit to the Committee a list of institutions who have failed to pay the due levy within two months.

The Auditor General W.P.C. Wickramaratne addressing the Committee stated that steps should be taken to recover the levy which is due as soon as possible, thereby increasing the government revenue.

The Committee on Public Accounts also took into the discussion the need for the Ministry of Justice and the Ministry of Finance to work together in order to expedite the settlement of a number of Inland Revenue cases pending in the courts.

Commissioner General of Inland Revenue Mr. H.M.W.C. Bandara raised the need to amend the law pertaining to tax deficit expeditiously. Accordingly, COPA Chairman Prof. Tissa Vitarana directed the Department of Inland Revenue to submit the relevant proposals with immediate effect.

Special audit report on the taxes and penalties in default to be recovered from the tax payers  was taken into discussion at the Committee on Public Accounts yesterday.

State Minister Hon. Lasantha Alagiyawanna, Members of Parliament Tissa Attanayake, Niroshan Perera, Ashok Abeysinghe, Kader Masthan, (Dr.) Upul Galappaththi, B.Y.G. Ratnasekera, Weerasumana Weerasinghe, Dr. Harini Amarasuriya along with other officials were present at this occasion.

Committee on Public Finance Call for an Impartial and Investigative report on the sugar tax revision

Chairman of the Committee on Public Finance Hon. Anura Priyadarshana Yapa, instructed the Ministry of Finance officials to submit an impartial and investigative report to the Parliament on whether consumers will benefit from the sugar tax revision.

The Chairman of the Finance Committee emphasized that although the tax on the price of imported sugar was revised to 25 cents from Rs. 50.00 per kilogram through the Gazette Notification No. 2197/12 issued by the Ministry of Finance on 13th October 2020, it did not benefit the consumers at all.

Meanwhile, the Chairman further instructed the Ministry of Finance officials to submit a report to the Committee on whether the revision of the tax on steel towers imported for construction will also benefit the general consumers.

The Chairman of the Committee on Public Finance stated that the general public should really benefit from the government’s tax reforms.

He said so while considering several special gazette notifications pertaining to the Ministry of Finance issued since last October at the Committee on Public Finance on 5th January.

Attention was also drawn to the steps to be taken to encourage the production of canned local seawater and freshwater fish, the revision of taxes on health test kits and the code revision of safety masks. However, the Chairman stressed that the state mechanism should make all the positive changes necessary for the people to live a better life.

Source

More News:

India ready to give its COVID vaccine to Sri Lanka – External Affairs Minister Jaishankar tells President

Tags: bnslLkaLocal News Sri LankaParliament InsightSriLanka
Share124Tweet78

Related Posts

President
Local News

President declares open South Asia’s largest tyre manufacturing factory

15 January, 2021
Weather Forecast
Local News

Weather: Fairly heavy falls about 75mm can be expected today

15 January, 2021
Showers
Local News

Fairly heavy showers above 75mm can be expected

13 January, 2021
Low floor busses
Local News

Cabinet Decisions: Approves to purchase 200 Low Floor Buses

12 January, 2021
Ranjan Ramanayake
Developing

Ranjan Ramanayake sentenced to 04 years of rigorous imprisonment

12 January, 2021
Nancy Pelosi
News

Democrats give VP Mike Pence ultimatum to remove Trump from White House – Nancy Pelosi

12 January, 2021

RECENT

CSE

CSE: For the first time ASPI crosses 7000 point mark in five years

6 January, 2021
CIMA

SLID and CIMA Webinar on “Entrepreneurship During a Pandemic”

6 January, 2021
SLIM

SLIM Hosts Inaugural International Marketing Management Conference

6 January, 2021
Allianz Insurance

Allianz Insurance Honours Star Performers at First Virtual Annual Awards

6 January, 2021
JKH Chairman Krishan Balendra

John Keells conducts ‘Break the Silence to End the Violence’ Campaign against Gender Based Violence

6 January, 2021
Lt Gen Shavendra Silva

Apparel Industry Stalwarts Appreciative of Task Force Roles Seek Extended Support

6 January, 2021
Perpetual Treasuries Limited

Extension of the Suspension of Business of Perpetual Treasuries Limited

6 January, 2021
Central Bank of Sri Lanka (CBSL)

Continuation of Measures Taken to Preserve the Foreign Currency Reserve Position of Sri Lanka

6 January, 2021
Ocean Lanka

Ocean Lanka Achieves Latest ISO 45001 Standard for Occupational Health & Safety Management Systems

5 January, 2021
Nawaloka Hospitals PLC records exemplary performance amidst tough economic backdrop

Nawaloka Hospitals maintains stringent safety protocols to ensure patient wellbeing

5 January, 2021
Sri Lanka News - BusinessNews.lk

Copyright © 2020
Business Studio
Powered by Rani CS

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
  • Local
  • Business
  • Covid-19
  • Sports
  • World
  • Magazine
  • Business – Sinhala

Copyright © 2020
Business Studio
Powered by Rani CS

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist