- Last Update 2024-09-01 16:42:00
Govt increases taxes on small vehicles
The taxes of vehicles below 1000cc category have been increased with immediate effect from 01 August following a gazette notification signed by Finanace Minister Mangala Samaraweera to amend relavant regulations, the Finance Ministry said today.
In keeping up with the amended regulations, a unit tax of 1.5 million rupees will be taxed for a motor car below 1000cc while a unit tax of 1.25 million rupees will be taxed for an electric car below 1000cc. These new taxes will not be applied to vehicles that opened Letter of Credit before 01 August 2018 and will be cleared before 31 January 2019.
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- August 27, 2024 - 157 - 0
CBSL Governor warns reversal of reforms could trigger new crisis
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
- August 28, 2024 - 149 - 0
President opens Sri Lanka’s first LNG power plant
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
- August 31, 2024 - 144 - 0
CPC reduces fuel prices
The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
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