Category: Budget
Sri Lanka promises Vehicle permits and higher pay for public servants
Sri Lanka is offering tax breaks on vehicle permits, higher pay and cash for unpaid leave to encourage its bloated public sector to become more efficient. Sri Lanka is offering tax breaks on vehicle permits, higher pay and cash for unpaid leave to encourage its bloated public sector to become more efficient. The minimum salary […]
Sri Lanka offers tax-free ICC cricket
The Sri Lankan government announced Tuesday that all International Cricket Council (ICC) events held in this cricket-mad island will be given total tax exemptions.The Sri Lankan government announced Tuesday that all International Cricket Council (ICC) events held in this cricket-mad island will be given total tax exemptions. Finance Minister Sarath Amunugama said the concession would […]
How Amunugama nearly missed the bus
Finance Minister Sarath Amunugama nearly missed presenting the 2006 budget today after his staff got the time wrong and forced him to an inauspicious start.Finance Minister Sarath Amunugama nearly missed presenting the 2006 budget today after his staff got the time wrong and forced him to an inauspicious start. Official invitations sent out by the […]
Download the 2006 budget speech here
The Freedom Alliance Govenment on Tuesday presented its second budget since coming into power after the snap April 2004 polls.To read Finance Minister Dr. Sarath Amunugama’s speech, please click on the links below.The Freedom Alliance Govenment on Tuesday presented its second budget since coming into power after the snap April 2004 polls. To read Finance […]
Not Our Budget
Budget 2006 goes to Parliament next week, but Sri Lankan businesses are not showing the interest usually reserved for a national budget.Budget 2006 goes to Parliament next week, but Sri Lankan businesses are not showing the interest usually reserved for a national budget. Given Sri Lanka’s practice of sudden policy changes and surprise taxes, the […]