Sri Lanka Budget 2018: revenue proposals at a glance

Nov 09, 2017 (LBO) – Sri Lanka is expecting 110 billion rupees through the revenue proposals presented to Parliament in the budget proposals of 2018. These revenue proposals include motor vehicles excise duty and luxury tax revisions, duty revisions on VAT & NBT and Debt Repayment Levy. Department of Fiscal Policy, however, said revenue impact of budget proposals which will be implemented in November 2017 is already taken into revenue estimates submitted along with budget estimates 2018.