What are the Holiday Entitlements Under the Sri Lankan Labour Law?
Dinalee Siyambalapitiya
October 30, 2025
The Colombo Port City Special Economic Zone
The Colombo Port City Economic Commission Bill (“Bill”) published in the Gazette Notification dated 24.03.2021 was passed in Parliament on 20.05.2021 with the amendments proposed
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Divorce Law in Sri Lanka
A divorce can be obtained in Sri Lanka on establishing one of the following grounds (Matrimonial faults) in Court: 1. Adultery subsequent to marriage 2.Malicious
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Sri Lankan Government Implements Measures to Expedite Development Activities
The Ministry of Finance issued circular No. MF/01/2020 dated 08.03.2021 (“Circular”) to fast-track implementation of development activities. The salient points of the Circular are as
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The Permitted Investments by Non-resident Investors in Sri Lanka
The Ministry of Finance issued a series of regulations repealing the regulations issued under the Extraordinary Gazette Notification 2045/56 dated 17.11.2017 (“Repealed Regulations”). The new
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Summary Of Income Tax Proposals Announced In The National Budget 2021
The web notice dated 13th January 2021 was issued by the Department of Inland Revenue (“DIR”). A summary of income tax proposals made in the National Budget
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Minimum Age for Employment to be raised to 16
Sri Lanka has ratified all key International conventions (such as the International Labour Organization Convention 138 on the minimum age for employment) and has sufficient
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Cap on Compensation Awarded by Commissioner of Labour Increased from LKR 1.25 million to LKR 2.5 million.
Termination of employment in Sri Lanka is governed by 2 principal statutes namely the Industrial Disputes Act No.43 of 1950, as amended (“IDA”) and the
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Real Estate Investment – The Colombo Stock Exchange and the Securities Exchange Commission establish regulatory frame work for Real Estate Investment Trusts
Real Estate Investments Trusts, known as ‘REIT’ is a Unit Trust that will invest principally in income generating real estate. REIT has been established within
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Salient Features of the proposed 20th Amendment bill to the Constitution of Sri Lanka
A bill titled the 20th Amendment to the Constitution of Sri Lanka (‘Constitutional Amendments’) was presented to the Parliament on 23rd August 2017 and gazetted
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Board Of Investment (BOI) Approved Companies Engaged in Exports permitted to clear imported raw materials electronically
BOI exporters and Customs House Agents (CHAs) are required to comply with the following guidelines when clearing imported raw materials (with effect from 20th April
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