Sri Lanka President knew revenues will be lost, VAT cut to remain for 5-years: Jayasundera

Sri Lanka’s President Gotabaya Rajapaksa knew revenue will be lost by tax cuts but he considered it an investment, and an 8 percent tax rate slashed from 15 percent, will remain unchanged for 5 -years, a top official said.

https://economynext.com/sri-lanka-president-knew-revenues-will-be-lost-vat-cut-to-remain-for-5-years-jayasundera-80405/

EconomyNext

2021-04-04

தொடர்பான தலைப்புக்கள்

SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

மேலும் அறிந்து கொள்ள

SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

மேலும் அறிந்து கொள்ள

Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.

மேலும் அறிந்து கொள்ள

அனைத்தையும் காட்டு