- Last Update 2024-08-29 19:07:00
Finance Ministry explains mechanism of imposing carbon tax
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.
-
Still No Comments Posted.
- August 22, 2024 - 201 - 0
SC orders immediate LG elections; cites voter rights violation
The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
- August 21, 2024 - 186 - 0
Thalatha resigns from Parliament
Ratnapura District Samagi Jana Balawegaya (SJB) MP Thalatha Athukorala has informed Parliament that she decides to resign from her position as Member of Parliament.
- August 22, 2024 - 148 - 0
Australia’s United Petroleum to commence retail operations from Sep.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
Related Articles
Election monitoring group flags concerns over ‘missing’ presidential candidates
- 29/08/2024 - 12 - 0
Ranil seeks mandate to continue economic reforms
- 29/08/2024 - 35 - 0
News Pictures of the week
- 29/08/2024 - 10 - 0
Leave Comments