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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Govt drops proposal to tax profits from share trading EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Govt drops proposal to tax profits from share trading EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Govt drops proposal to tax profits from share trading EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Govt drops proposal to tax profits from share trading EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Govt drops proposal to tax profits from share trading EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Govt drops proposal to tax profits from share trading EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Govt drops proposal to tax profits from share trading EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Govt drops proposal to tax profits from share trading EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Govt drops proposal to tax profits from share trading EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Govt drops proposal to tax profits from share trading EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Govt drops proposal to tax profits from share trading EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Govt drops proposal to tax profits from share trading EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Govt drops proposal to tax profits from share trading EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Govt drops proposal to tax profits from share trading EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Govt drops proposal to tax profits from share trading EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Govt drops proposal to tax profits from share trading EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Govt drops proposal to tax profits from share trading EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Govt drops proposal to tax profits from share trading EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Govt drops proposal to tax profits from share trading EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Govt drops proposal to tax profits from share trading EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Govt drops proposal to tax profits from share trading EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Govt drops proposal to tax profits from share trading EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Govt drops proposal to tax profits from share trading EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Govt drops proposal to tax profits from share trading EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Govt drops proposal to tax profits from share trading EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Govt drops proposal to tax profits from share trading EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Govt drops proposal to tax profits from share trading EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Govt drops proposal to tax profits from share trading EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Govt drops proposal to tax profits from share trading EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Govt drops proposal to tax profits from share trading EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Govt drops proposal to tax profits from share trading EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Govt drops proposal to tax profits from share trading EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Govt drops proposal to tax profits from share trading EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Govt drops proposal to tax profits from share trading EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Govt drops proposal to tax profits from share trading EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Govt drops proposal to tax profits from share trading EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Govt drops proposal to tax profits from share trading EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Govt drops proposal to tax profits from share trading EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Govt drops proposal to tax profits from share trading EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Govt drops proposal to tax profits from share trading EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Govt drops proposal to tax profits from share trading EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Govt drops proposal to tax profits from share trading EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Govt drops proposal to tax profits from share trading EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Govt drops proposal to tax profits from share trading EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Govt drops proposal to tax profits from share trading EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Govt drops proposal to tax profits from share trading EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Govt drops proposal to tax profits from share trading EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Govt drops proposal to tax profits from share trading EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Govt drops proposal to tax profits from share trading EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Govt drops proposal to tax profits from share trading EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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sashimaal
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roshana7549
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    Govt drops proposal to tax profits from share trading

    roshana7549
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    • Post n°1

    Govt drops proposal to tax profits from share trading Empty Govt drops proposal to tax profits from share trading

    Post by roshana7549 Thu Aug 24, 2017 4:49 pm

    August 24, 2017 04:42 pm

    By Sanchith Karunaratna
    Reluctance shown by investors over the proposed tax on profits from share trading that was planned as a part of the tax reform bill, has prompted the government to drop the corresponding tax.

    Sri Lanka’s principal share index has shed 4.1 percent since July 27 through Wednesday and has fallen in 16 out of the past 18 sessions due also over fears about the proposed tax.

    Speaking to Reuters, State Minister of Finance Eran Wickramaratne stated that no changes will be made to the taxes levied on stock transactions. Many investors have expressed their satisfaction with the decision stating that it will revitalize the stock market providing increased investor confidence in the Sri Lankan market.

    http://www.adaderana.lk/news/42670/govt-drops-proposal-to-tax-profits-from-share-trading
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    Ethical Trader
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    • Post n°2

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by Ethical Trader Thu Aug 24, 2017 5:15 pm

    This is a good news. Thanks Roshana for sharing.
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    sashimaal
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    Govt drops proposal to tax profits from share trading Empty Govt drops proposal to tax profits from share trading

    Post by sashimaal Thu Aug 24, 2017 6:21 pm

    Reluctance shown by investors over the proposed tax on profits from share trading that was planned as a part of the tax reform bill, has prompted the government to drop the corresponding tax.

    Sri Lanka’s principal share index has shed 4.1 percent since July 27 through Wednesday and has fallen in 16 out of the past 18 sessions due also over fears about the proposed tax.

    Speaking to Reuters, State Minister of Finance Eran Wickramaratne stated that no changes will be made to the taxes levied on stock transactions. Many investors have expressed their satisfaction with the decision stating that it will revitalize the stock market providing increased investor confidence in the Sri Lankan market.

    http://www.adaderana.lk/news/42670/govt-drops-proposal-to-tax-profits-from-share-trading
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    • Post n°4

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by sashimaal Thu Aug 24, 2017 6:23 pm

    Mkt should bounce back tomorrow Very Happy
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    nihal123
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    • Post n°5

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by nihal123 Thu Aug 24, 2017 6:28 pm

    Thanks sashi
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    spw19721
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    • Post n°6

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by spw19721 Thu Aug 24, 2017 7:15 pm

    Thanks shashi..
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    jiggysaurus
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    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by jiggysaurus Thu Aug 24, 2017 9:38 pm

    Ayyo aparadey. Was waiting for a shoeshine sale.

    This is the problem in begger nation. No policy consistency.
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    CK
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    • Post n°8

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by CK Thu Aug 24, 2017 9:45 pm

    sashimaal wrote:Mkt should bounce back tomorrow  Very Happy
    Yes. Jkh turn will be crucial  Basketball
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    • Post n°9

    Govt drops proposal to tax profits from share trading Empty Re: Govt drops proposal to tax profits from share trading

    Post by sashimaal Thu Aug 24, 2017 9:47 pm

    lol!

    jiggysaurus wrote:Ayyo aparadey. Was waiting for a shoeshine sale.

    This is the problem in begger nation. No policy consistency.
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