The increase in Value Added Tax (VAT) and Nation Building Tax (NBT) will come into effect from today (Nov 01).
The VAT increase from 11% to 15% was approved with the passing of the VAT (Amendment) Bill in Parliament on Oct 26.
The VAT rate will also affect telecom services, tobacco, air ticket fees and private medical services excluding diagnostic tests, dialysis and OPD services. The Nation Building Tax rate is 2% and will remain unchanged.
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Update: Five of the twelve passengers on board the bell 212 aircraft that crashed into the Maduru Oya today, have succumbed to their injuries, the SLAF said.
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