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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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    No tax changes for liquor and tobacco: Budget 2015

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    No tax changes for liquor and tobacco: Budget 2015 Empty No tax changes for liquor and tobacco: Budget 2015

    Post by First Guy Sat Oct 25, 2014 7:24 am

    Oct 24, 2014 (LBO) – Sri Lanka President said that there will be no changes in the tax for liquor and tobacco due to the tax hike the government maid recently.

    He said the government is expecting a 14,000 million rupees of additional income in 2015 though the tax increase.
    However he said 100 US dollar tax to be charged as entrance fee in casinos and clubs and to increase the turnover tax to 10 percent in order to achieve a revenue of 2500 million rupees in 2015.

    President was presenting the budget for 2015 at the parliament.

    http://www.lankabusinessonline.com/news/no-tax-changes-for-liquor-and-tobacco:-budget-2015/386600829

      Current date/time is Fri Nov 08, 2024 8:27 am