Finance State Minister says majority of sanitary towels domestically made, tax-free

Date:

March 12, Colombo (LNW): 92 per cent of the sanitary towels needed in the country are domestically manufactured, with no tax imposed on them, Finance State Minister Ranjith Siyambalapitiya asserted.

Speaking at an event in the Thalduwa area, Siyambalapitiya highlighted that the remaining 8 per cent of imported sanitary towels are brought into Sri Lanka by a single company as finished products, subject to a 22.5 per cent tax.

He clarified that this tax is solely aimed at safeguarding local producers.

Share post:

spot_imgspot_img

Popular

More like this
Related

Revenue Surge to Stall in 2026 as Vehicle Imports Decline

Sri Lanka’s fiscal outlook for 2026 appears to be...

BOC Reboots Digital Future with New IT Solutions Arm

In a strategic move to accelerate its digital transformation,...

Pipeline Promise or Policy Mirage? Sri Lanka’s Risky Irrigation Gamble

In a bold but contentious move, the Sri Lankan...

Tea Research Institute Marks 100 Years of Innovation and Growth

The Tea Research Institute of Sri Lanka (TRI), the...