DST

The Department of Science and Technology (DST) has initiated the Private Sector Science and Technology (S&T) Survey 2024–25, a comprehensive nationwide effort to evaluate research and development (R&D) investments, innovation capacity, and technology adoption across India’s private enterprises. The initiative aims to capture granular data on industrial innovation, R&D expenditure, and emerging technology trends to inform evidence-based policymaking.

Sri Lanka has announced a delay in the implementation of its Digital Services Tax (DST), citing the need for further consultations with stakeholders and alignment with evolving global tax frameworks. Originally scheduled to take effect this fiscal year, the postponement affects international technology firms and domestic digital service providers operating in the country. Authorities indicated that the deferment will allow for more comprehensive policy design, ensuring compliance, fairness, and revenue optimization.