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VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expected from increasing the VAT rate and reducing exemptions on it. In short, the country expects to make more organisations pay a higher rate of VAT for a larger set of goods and services.
විදසුන්
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expected from increasing the VAT rate and reducing exemptions on it. In short, the country expects to make more organisations pay a higher rate of VAT for a larger set of goods and services.
විදසුන්
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expected from increasing the VAT rate and reducing exemptions on it. In short, the country expects to make more organisations pay a higher rate of VAT for a larger set of goods and services.
විදසුන්
VAT to drive revenue growth in 2024
Sri Lankan budgets have consistently overestimated the capacity to raise revenue. Therefore, it is prudent to examine from where the 45% increase in revenue is expected. The chart above shows that more than half the increase (56%) is expected from increasing the VAT rate and reducing exemptions on it. In short, the country expects to make more organisations pay a higher rate of VAT for a larger set of goods and services.
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2024 අයවැය
2024 අයවැය
2024 අයවැය පිළිබඳ සවිස්තරාත්මක විශ්ලේෂණය
Highlights from the Appropriation Bill for 2024
The Appropriation Bill for 2024 was presented to Parliament on the 5th of October, ahead of the budget speech in November.The Appropriation Bill shows that there is a 12% increase in expenditure planned for 2024. Interest pay...
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මූලාශ්රය:
The Morning
Budget deficit: A stubborn stain on the balance sh...
Sri Lanka's persistent budget deficit has become a perennial issue, plaguing successive governments due to poor financial management practices. Verité Research's recent findings (Read more :
වැඩිදුර කියවන්න
මූලාශ්රය:
LBO
Budget 2024: Pragmatic Implementation & Timely Exe...
The Ceylon Chamber of Commerce views the 2024 Budget as a critical continuation of macroeconomic stabilization efforts initiated in late 2022 to address Sri Lanka's economic challenges. Acknowledging past macroeconomic mismanagement, the...
වැඩිදුර කියවන්න
මූලාශ්රය:
Economy Next
Sri Lanka’s 2024 budget to see new welfare, revenu...
Sri Lanka's 2024 budget, set for presentation, emphasizes crucial IMF deficit targets for economic recovery. President Wickremesinghe faces a balancing act, tethered between IMF obligations and public sentiment. Meeting the 13.3% GDP rev...
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විදසුන් කියවන්න: 2024 අයවැය
Highlights from the Appropriation Bill f...
The Appropriation Bill for 2024 was presented to Parliament on the 5...
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Will the budget's veil of secrecy be lifted in 202...
The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research. The governme...
වැඩිදුර කියවන්න
අපේක්ෂිත දළ දේශීය නිෂ්පාදිතය: අයවැය 2024
ජාත්‍යන්තර මූල්‍ය අරමුදලේ ඇස්තමේන්තු වලට සාපේක්ෂව 2024 අයවැය තුළ, 2023 දී වැඩි සංකෝචනයක් සහ 2024 දී ඉහළ වර්ධනයක් අපේක්ශා කරයි.
වැඩිදුර කියවන්න
Economic Policies in an Election Year: Some Inconv...
Dr. Sharmini Coorey is a non-resident fellow at Verité Research. She was a former Department Director at the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on multilateral engageme...
වැඩිදුර කියවන්න
