No tax changes for liquor and tobacco: Budget 2015

Oct 24, 2014 (LBO) â€“ 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.

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President was presenting the budget for 2015 at the parliament. He said the government is expecting a 14,000 million rupees of additional income in 2015 though the tax increase.

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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.

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