In a fresh turn of events in the Golden Key Credit Card Company (GK) saga, all its former directors including former Ceylinco Chief Lalith Kotelawala and Khavan Perera are meeting representatives of GK depositors tomorrow to find a solution to the crisis following a court ruling.
Streamlining trade and excise taxes with tax exemptions to be allowed only on the grounds of national security, health, environment, and international commitments and simplifying the dual customs duty structure which has prevailed for almost 10 years are among the proposals in next month’s budget, a senior Finance Ministry official said.
