Taxes on imported rice were removed

Taxes on imported rice were removed

Cabinet Sub Committee on Cost of Living decided today (06) to remove taxes on imported rice. According to that Rs.50 tax custom tax on Samba, Nadu and Red Rice kilo was removed, said by Trade and Investment Policies Department of Ministry of Finance. In addition 15% VAT, 7.5% Harbor and Airport Tax and 2% NBT was also removed.  Read More...

Published 3 months ago
Leasing method change from 2017
On Friday, December 30th, 2016
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Leasing method change from 2017

Ministry of Finance said the new method of leasing vehicles will be commenced on January 01, 2017. According to the previous method 70% of value can lease for now. According to the new method it changed with the Read More...

Price-down of Gold
On Tuesday, November 29th, 2016
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Price-down of Gold

In the world market of Gold wend considerably low because of strengthen of US dollar. Price of gold ounce reported 1181 USD in last weekend. According to the current situation it reduced by 125 dollars within the Read More...

Pomegranate plantation in success
On Wednesday, November 16th, 2016
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Pomegranate plantation in success

Department of Agriculture of Sri Lanka said that pomegranate cultivation under the program of ‘fruit villages’ is successful. This program planted pomegranate in several districts of the country and Read More...

Telecommunication tax now 49%. VAT 15% start today
On Tuesday, November 1st, 2016
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Telecommunication tax now 49%. VAT 15% start today

VAT for telecommunication was 11% previously and increased to 15% from today. Therefore from today on, total tax on telecommunication services is increased to 49%.  Read More...

The new VAT is...
On Wednesday, September 14th, 2016
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The new VAT is…

Yesterday (13) received the Minister Board approval for the new VAT amendments. Therefore it will be directed to the parliament for discussion. According to new amendments 15% of VAT is not changed. It increased Read More...

Katunayake airport
On Tuesday, September 6th, 2016
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Bandaranayake Airport Comes to Top-Ten Worse Airports of Asia

A website has done a survey of what are the worst airports in Asia. Results has came out and 10th place came to the Bandaranayake International Airport of Katunayake. First place goes to Katmandu airport of Nepal. Read More...

elephant pass salt pan
On Monday, August 29th, 2016
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Elephant Pass salt to the market after 25 years

Elephant pass was lost of control in past 30 years war. Therefore the salt pan also inactive during about 25 years. Now it comes to the civilians hands and therefore the crop get ready to go to the market. SL Army Read More...

Volkswagen BOI project Sri Lanka
On Monday, August 29th, 2016
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We temporarily hold the Volkswagen thing – Eran

Government previously reported that world famous Volkswagen car company agreed to start a car plant in Sri Lanka. Now the Deputy Minister Eran Wickramaratne said that the proposed project is temporarily hold due Read More...

Indian trawlers permission to sri lankan waters
On Sunday, August 28th, 2016
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Indian fishermen received the permission to catch on nothern waters

Higher administrative officer of Sri Lanka ready to issue permissions to catch fish on Northern sea which belongs to Sri Lanka. Fishermen’s societies of Northern province has paid objections to this decision. Mr. Read More...