ECONOMYNEXT –Central Bank Governor Nandalal Weerasinghe urged the public to become informants to broaden the tax net and thus reduce both overall direct and indirect taxes.
The government has raised Value Added Tax (VAT), an indirect tax to 18 percent from 15 percent with effect from January 1. The move also will see some VAT exempted goods like fuel, gas, health, and educational products are now subject to 18 percent tax.
The new move has raised prices of fuel, cooking gas,…
Read More…
Source: https://island.lk/sri-lanka-insurance-celebrates-a-glorious-62-years-of-service/