- Last Update 2024-12-19 16:14:00
Pre-Budget News: VAT on 5 consumer items to be removed
Sri Lankan Finance Minister Ravi Karunanayake is expected to announce a VAT exemption on five consumer items including TVs, audio sets, blenders and sandwich toasters when he presents Budget 2017 tomorrow (Thursday), the Sunday Times Online reliably understands.
This is in line with plans to establish Sri Lanka as a retail shopping hub in the region. Among other proposals being discussed is a flat rate of income tax to cover the entire workforce or all Sri Lankans earning some income. Another proposal is reduced taxes on small cars and less than 1,000 cc vehicles, it is learnt. (Bandula)
-
Still No Comments Posted.
- December 12, 2024 - 401 - 0
Two sisters killed in car accident on expressway
Two school girls were killed after the car driven by their father crashed on to a lorry on the southern expressway, a coroner’s court inquiry was told today in Galle.
- December 12, 2024 - 395 - 0
Sri Lanka Customs Launches Vehicle Verification Portal
Sri Lanka Customs has introduced an online portal to verify the authenticity of legally imported vehicles. This platform empowers the public to confirm vehicle legality by entering the chassis number and vehicle registration number into the portal.
- December 13, 2024 - 272 - 0
Speaker to step down
Speaker Ashoka Ranawala whose educational qualifications have been questioned has decided to step down from the post of Speaker
- December 12, 2024 - 233 - 0
Doctor provides free home visit service
A doctor attached to the Lunawa, Moratuwa District hospital has volunteered to offer her services to visit elderly patients at their homes and treat them.
Related Articles
News Pictures of the Week
- 19/12/2024 - 1 - 0
Myanmar boat with over 100 refugees reach Mullaithivu shore
- 19/12/2024 - 33 - 0
The Public Debt Management Office becomes operational
- 18/12/2024 - 98 - 0
Conditions on removal of vehicle import suspension announced
- 18/12/2024 - 176 - 0
Leave Comments