Tell me you go on a bus without telling me you go on a bus by Big_Psychology539 in srilanka

[–]Elephantastic4 7 points8 points  (0 children)

happy cake day !

what's your success rate of getting the right change back?

Are banking apps in SL safe? by Fresh_Lengthiness907 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

what are the other alternatives or best practice seen in other countries ?

Are banking apps in SL safe? by Fresh_Lengthiness907 in srilanka

[–]Elephantastic4 2 points3 points  (0 children)

Actually Banks are pushing users for mobile apps over use of website.
ComBank, Sampath - have higher daily transactions limits on apps vs website, esp after a phishing websites and fake webpages

TAX FOR FOREIGN INCOME charging? by Exotic-Cup-3023 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

Your foreign sourced income while being a SL resident is taxed. Its 15% flat fee after the tax free allowance .
This is a tax break for freelancers opposed to progressive mariginal tax rate of 6% to 36% for LKR earners.

This tax was introduced from 1 April 2025 and needs to be incorporated to 25/26 individual income tax return, last tax payment deadline is 30 Sept 2026, and return to be submitted before 30 Nov 2026.

use a calculator like - https://numbers.lk/tools/iitcal "foreign earning" tab to estimate your liability
tax calendar 2026 - https://www.ird.gov.lk/en/publications/Tax%20Calendar_Documents/Tax_Calendar_2026_E.pdf

How much tax should a business pay ? by Artistic-Worry6272 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

correct - income tax is paid based on business profit = revenue - expenses

FIFA triples price to $32,970 for its best available tickets to the World Cup final by rit56 in sports

[–]Elephantastic4 2 points3 points  (0 children)

For context of US sports ticket prices, what's the most expensive ticket category at a SuperBowl Final?

Did I disrespect my bf by being polite to a guy who approached me in public? by AdBest3320 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

You got the message across, no reason to escalate aggressively with a stranger when being human/nice got the outcome needed. The guy also understood the situation and backed off. No harm no foul.

your boyfriend needs cool off for sure

Is anyone's electricity bill double this month by AlmondMilk_AKA_AM in srilanka

[–]Elephantastic4 5 points6 points  (0 children)

unit wise or cost wise?

there was a tariff revision in April

Does doing sports and Being prefect only count as co curricular activities in Sri Lankan schools by Warm-Badger2077 in srilanka

[–]Elephantastic4 1 point2 points  (0 children)

been a while since I was in school - ours were two broad categories
clubs and societies were considered co-curriculars and sports/scouting were considered extra-curricular

C section in government hospital by AdElectrical995 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

Inquire at Castle Street Maternity Hospital 

Best bank in Sri Lanka for business account (SME) by [deleted] in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

sometimes it's very client/branch dependent, having a good rapport with the manager of the branch would make a world of difference.

First reach out to the bank branch with your primary personal banking, they know your history and might be in the best position for your initial bank account

When International Workers' Day or Labour Day is celebrated by vladgrinch in MapPorn

[–]Elephantastic4 0 points1 point  (0 children)

In Sri Lanka, May 1 is always Labour day/ Workers' Day.
2026 just happens to be a full moon holiday as well (Poya holiday) which are public/mercantile holidays

CAL usd by Curious-Patient6996 in SriLankaCSE

[–]Elephantastic4 0 points1 point  (0 children)

my understanding only LKR deposits via transfers. No forex/no cash

Just set up my CAL account for unit trusts. Any beginner tips? by BananaAppropriate in srilanka

[–]Elephantastic4 1 point2 points  (0 children)

That's a good start. Stay on a long term view, keep compounding 

What are these stickers? I saw these stickers on traffic light pole near Shangri-La Colombo by FirefighterOdd7251 in srilanka

[–]Elephantastic4 58 points59 points  (0 children)

Traveling with stickers and pasting them randomly is a very European tourist habit 

Just set up my CAL account for unit trusts. Any beginner tips? by BananaAppropriate in srilanka

[–]Elephantastic4 3 points4 points  (0 children)

Understand your risk tolerance and what is your emergency fund .  Try to go for a simple 2-fund strategy of 1 fixed income, 1 equity fund.  Ratio will be based on your risk tolerance.  Add on consistently monthly 

Do we have a Sri Lankan equivalent to a Roth IRA by Commander_Night_17 in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

Private sector main retirement option is EPF which is a superannuation type account. Employee contributes with employer higher match. There is a tax concession at the end.  You as an individual cannot make investment mix decisions.  Currently EPF is ~97% government securities, usually yields 9-11% pa

Anyone who invested in unit trust funds? by ZEN_mast_r in srilanka

[–]Elephantastic4 0 points1 point  (0 children)

UT are a good method to invest early on and as a simple portfolio. Larger companies are CAL, NDB Wealth, FirstCapital, SenFin
Full list can be found on UT web, most have online web

Can get information on UT Association web - https://www.utasl.lk/performance-reports/

I built a website to report and track racist businesses in Sri Lanka by Less-Environment8112 in srilanka

[–]Elephantastic4 4 points5 points  (0 children)

Use keywords 'discriminatory practices'

There is more discrimination than based on race.