Tag: TAX
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Government to withdraw SGST exploring other tax options
Thegovernment is withdrawing the special Goods and Services Tax (GST) bill aimed at simplifying the existing tax structure and consolidates several taxes assingle tax...
Govt surcharge tax to recover Rs135 billion from profitable state institutions
At least five profitable state institutions and two superannuation funds will have to forgo around Rs.135 billion for 25 percent super charge tax which...
Private sector lobby groups up in arms against 25 percent surcharge tax
Concerns were raised regarding the dampening impact the new taxes may have on investor confidence, particularly since many of the new measures are one-off...
Special GST sparks wide spread protests over tax collection unit
Sri Lanka government is set to introduce the Special Goods and Services Tax (SGST) setting up a separate tax revenue collection unit at the...