The VAT (Amendment) Bill successfully passed its third reading, securing 100 votes in favor and facing opposition from 55 members.

Surprisingly, MP Roshan Ranasinghe, recently removed from the position of Sports Minister, cast his vote against the bill, signaling a potential shift in allegiance away from the ruling party.

The amended bill is poised to increase VAT to 18%, as lawmakers grapple with divergent perspectives on economic policies.