Category: Budget

Oct 25, 2014 (LBO) – Sri Lanka president suggested the super markets to maintain value added tax (VAT) and national building (NBT) tax as at 100 million rupees per quarter.He also suggested to exempt all the small and medium businesses who earns 15 million rupees or below per year from VAT and NBT. The number […]

Oct 24, 2014 (LBO) – Sri Lanka’s President Mahinda Rajapaksa in his capacity as the Finance Minister currently delivers 2015 budget in Parliament. Watch Live:

Oct 24, 2014 (LBO) – Sri Lanka paddy farmers to get seed paddy free of charge in the budget 2015, President Mahinda Rajapaksa said, in his capacity as the Finance Minister. He said seed paddy for the 2014/2015 Maha Season will be provided free of charge to the farmers. Added to that he said the […]

Oct 24, 2014 (LBO) – Sri Lanka’s hospitals located in Anuradhapura and Hambantota to have special units to diagnose and treat kidney diseases, President Mahinda Rajapaksa said presenting a budget for 2015. Also he said kidney patients will be receive a 3000 rupees monthly grant though the budget 2015. The mystery kidney disease is mostly […]

Oct 24, 2014 (LBO) – Sri Lanka’s government to increases monthly salary of the state sector employees to minimum 15,000 rupees, President Mahinda Rajapaksa said presenting a budget for 2015.He said the budget 2015 targets to minimize the salary anomalies of the state sector. The cost of living allowance of the state employees will be […]

Oct 24, 2014 (LBO) – Sri Lanka president suggests to uplift the minimum salary of a private sector employee to 10,000 rupees from January 2015.He also suggest to increase minimum salary level by 500 rupees monthly for those who already get paid over 10,000 rupees per month. “The honorable speaker, I have seen the salaries […]

Oct 24, 2014 (LBO) – Sri Lanka President said that there will be no changes in the tax for liquor and tobacco due to the tax hike the government maid recently.President was presenting the budget for 2015 at the parliament. He said the government is expecting a 14,000 million rupees of additional income in 2015 […]

Oct 24, 2014 (LBO) – Sri Lanka state airlines, SriLankan and Mihin air to get 150 million US dollars in year 2015 as the last phase for the development of its servicers, President said presenting a budget for 2015 at the parliament. He said the two airlines have gained the capacity of handling 25 airlines […]

Oct 23, 2014 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce expects the ‘National Budget of 2015’ will be in line with the development agenda of the government, the chamber said in a media release. The Media Release by Ceylon Chamber of Commerce The Ceylon Chamber of Commerce expects the proposals that will be presented […]

Oct 09, 2014 (LBO) – Sri Lanka’s budget for the year 2015 is more towards development rather than catering to mere election purposes, Treasury Secretary P B Jayasundera said. The 2015 budget will be presented to the parliament on 24, October 2014. “Although there was a reference made in the last weekend media that the […]