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Expensive Joke

Mar. 29 (LBO) – Sri Lanka will introduce stamp duties from April on a range of services like credit cards, leasing and insurance policies, as the government looks for ways to raise revenue to pay for infrastructure and welfare spending plans.

-Mel Gunasekera: mel@vanguardlk.com

Exemption list:

  • Insurance policy on:
    • Life,
    • Medical
    • Plant, machinery and equipment used for construction industry or
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