The carbon tax recently imposed on vehicles based on their engine capacities will be levied under three categories, the Ministry of Finance said.
Accordingly, the tax imposed on a 125 CC motorcycle will be Rs 62.50 per annum while the taxation on vehicles with an engine capacity of 1000 CC will be Rs 500 per year.
In addtion, the annual carbon tax on jeeps with an engine capacity of 2600 CC will be Rs 1300.
A carbon tax of Rs 1000 will be levied on passenger buses, the Finance Ministry said.
Buses with a manufacturing date between five to 10 years will be charged Rs 2000 as tax while a tax of Rs 3000 will be imposed on buses with a manufcturing date of over 10 years.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
Leave Comments