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

Valuing the Coast: Test of Sri Lanka’s Conservation Resolve

Valuing the Coast: Test of Sri Lanka’s Conservation Resolve

From Tragedy to Technology: Sri Lanka Turns to GeoAI

From Tragedy to Technology: Sri Lanka Turns to GeoAI

Outward Vision Meets Government’s Inward Politics in Sri Lanka

Outward Vision Meets Government’s Inward Politics in Sri Lanka

Microfinance Fallout: Rural Families battered in Ditwah Caught in Debt Cycles

Microfinance Fallout: Rural Families battered in Ditwah Caught in Debt Cycles