No tariff increase on utility bills due to VAT revision: Finance Ministry
Nov 26, 2015 (LBO) – Sri Lanka’s water, power, telecom will be exempted from value added tax and the prices of most essential goods will also be reduce …
Budget
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Budget flawed, no confidence motion against Fin Min: Balasuriya
Nov 26, 2015 (LBO) - Sri Lanka's budget for 2016 proposed by the government is flawed and a no confidence motion will be brought against the finance minister, …
Sri Lanka Budget lacks consolidation but reforms positive: Fitch
Nov 24, 2015 (LBO) – Sri Lanka's 2016 budget, released on 20 November, provides no clear plan for fiscal consolidation over the medium term, Fitch Ratings …
Sri Lanka to abolish vehicle permit schemes, Rs40bn loss per year: Ravi K
Nov 24, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake has proposed to end the tax-free vehicles given to state workers and elected ruling class …
Exporters support budget 2016, call it export friendly
Nov 24, 2015 (LBO) – The Exporters’ Association of Sri Lanka pledges its unstinted support and co-operation to the budget 2016 saying it is an exporter …
Sri Lanka budget has reformist agenda: CT CLSA
Nov 23, 2015 (LBO) - The 2016 budget can be termed as a reformist agenda, that looks to address short-term risks to the economy while setting up Sri Lanka for …
Budget 2016 is forward looking: CSE Chairman
Nov 23, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange chief Vajira Kulathilake has said the budget 2016 is forward looking and praised tax breaks and …
Budget 2016 Big, Bold and Progressive: Lanka Securities
Nov 22, 2015 (LBO) – Lanka Securities Research has released their preliminary assessment of the budget proposals with its impact on the listed companies. buy …
Chamber welcomes Budget as Investment and Development Oriented
Nov 22, 2015 (LBO) – The Ceylon Chamber of Commerce has welcomed the Budget 2016 for its measures to boost private investment and promote inclusive economic …
Govt to raise Rs20bn from new excise duty for motor cars
Nov 20, 2015 (LBO) – Sri Lanka’s government is to introduce a unit rate of excise duty for the vehicles on the basis of cubic centimeters (cc) that …
Budget 2016 Coverage – Proposals and Full Speech
Nov 20, 2015 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake commences the 2016 budget speech in Parliament. Key points: Proposals Micro, small and …
Sri Lanka corporates hope for business friendly budget
Nov 18, 2015 (LBO) - Sri Lanka's business community is looking foward to budget proposals that support the rapidly changing dynamics of the economy and address …
Sri Lanka need not maintain super gain tax: PM
Nov 06, 2015 (LBO) – Sri Lanka’s much talked about super gain tax imposed by the new administration in its interim budget 2015 need not be maintained, …
Sri Lanka accounting body calls for fiscal consolidation
Oct 23, 2015 (LBO) – Sri Lanka’s main accounting body has called for critical fiscal consolidation plan for both the revenue and expenditure sides of the …
Sri Lanka’s budget deficit around 6.8-pct in 2015: Finance Minister
Oct 20, 2015 (LBO) – Sri Lanka’s budget deficit will be around 6. online pharmacy buy advair with best prices today in the USA 8 percent of GDP for this …
Sri Lanka’s Budget 2016: Revenue Rs1.7tn; Expenditure Rs3.1tn
Oct 08, 2015 (LBO) – Sri Lanka’s total borrowing requirement from both foreign and local sources for the year 2016 will be 1,349 billion rupees, revealing …
Sri Lanka falls on Open Budget Index 2015, says Verité
Sep 10, 2015 (LBO) – Sri Lanka has ranked among countries in the world that provides the public with minimal budget information, a new survey showed. online …
Sri Lanka’s ruling UNP to present new budget after winning general election
July 03, 2015 (LBO) – Sri Lanka’s ruling United National Party on Friday said they are presanting a new budget if they win the upcoming general election. …
Sri Lanka’s BOI companies not exempted from the super gain taxation: Government
Feb 11, 2015 (LBO) – Sri Lanka’s projects approved under the board of investment law will have to pay the one-off super gain tax, a government …