How the budget will affect Sri Lanka’s corporate sector and the stockmarket – C T Smith Stockbrokers

Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed. Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed. A number of significant proposals impacting specific companies or sectors in the Colombo Stock Exchange have been put together by C T Smith Stockbrokers.

Proposals that pose a threat to the corporate sector include the overall rise in the corporate tax burden and the increased VAT on financial services.


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