Home / Business/ CMA conducts seminar on ‘New Inland Revenue Act’ on 20 Sept.

CMA conducts seminar on ‘New Inland Revenue Act’ on 20 Sept.

Comments / {{hitsCtrl.values.hits}} Views / Thursday, 14 September 2017 00:00


The Institute of Certified Management Accountants of Sri Lanka (CMA) will conduct a seminar on ‘New Inland Revenue Act’ on Wednesday, 20 September from 8:30 a.m. to 12:30 p.m. at the Cinnamon Lakeside, Kings Court. The new Act will have a significant impact on taxpayers as it replaces the existing tax law and its long established practices. At this seminar participants will be able to understand the immediate action for taxpayers how the new rules will apply in their own circumstances. 

The seminar will be inaugurated by the Chief Guest State Minister of Finance Eran Wickramaratne and he will address the gathering on the ‘Policy Framework and Highlights of the New Inland Revenue Act’. The welcome address will be delivered by CMA Sri Lanka President Prof. Lakshman R. Watawala. The presentations on ‘Income from Business and Investment Income’, will be delivered by Duminda Hulangamuwa, Partner, Ernst & Young, ‘Personal Income Tax, Administrative Provisions, Assessments and Appeals’ by Suresh Perera,  Principal – Tax and Regulatory, KPMG, and ‘Analysis of New Inland Revenue Bill’ by N.R. Gajendran, Senior Partner, Gajma& Co.  The panel discussion will be held at the end of the presentations and it will be moderated by Ernst & Young Partner Duminda Hulangamuwa and the panellists are Rajendra Theagarajah, Joint Deputy Chairman Cargills Bank Ltd., Sri Lanka/Chairman, Ceylon Chamber of Commerce, Dinesh Weerakkody, Advisor Ministry of National Policies and Economic Affairs, Nishtar Sulaiman, Partner, Ernst & Young, Thanuja Perera. Tax Advisor, Ministry of Finance, Samantha Ranatunga, Managing Director/CEO, CIC Holdings PLC and S. Iyesha Asanthi, Deputy Commissioner, Department of Inland Revenue. Participants will also have an opportunity to obtain clarifications and direct questions to speakers and panellists. 

Those interested to register should contact Shanthi at CMA on 071 4705536 or email: registrations@cma-srilanka.org.

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted

Yameen’s economic offensive to counter political adversity ahead of presidential poll

Saturday, 24 February 2018

The embattled Maldivian President Abdulla Yameen, who is facing intense political opposition both in and out of the country, hopes to win the September, 2018 presidential election using a combination of political belligerence and a strong economic pr

In the end, there was nothing

Saturday, 24 February 2018

Much more than a storm in a tea cup! To a non-discerning person, it all seemed like the final battle of the counter revolution. President Sirisena was up in smoke trying to oust Prime Minister Ranil Wickremesinghe for no articulated reason. He asked

Shouldn’t Govt. prevent parliamentary system from decay and destruction?

Friday, 23 February 2018

The wrong people teach us the best lessons. As a clever nation, we had always used our ballot and chased the wrong people

Columnists More