The controversial Value Added Tax (Amendment) Bill was approved by the House with 112 voting for and 46 against the Bill.
Several amendments moved to the Bill by Joint Opposition (JO) members meant to reduce the tax further from medical services were rejected by the Government.
Finance Minister Ravi Karunanayake who took part in the debate earlier in the day said that government expects 1.8 billion rupee income this year from the revision of (VAT.
He said the Government had set as target Rs 10 billion as revenue from the VAT revision in 2016, but it was later reduced to Rs 6 billion when decision was taken to impose it after five months with effect fromMay 2.
He said VAT has been imposed on post and telecommunication, liquor and tobacco to exempt health and housing sectors and smart phones but the Government has exempted many essential goods from VAT.
(CK)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Acting Attorney General Parinda Ranasinghe, was appointed as the Attorney General of Sri Lanka a short while ago.
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