Tag: Rs40bn revenue generation loss per year: Ravi K

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Sri Lanka to abolish vehicle permit schemes, Rs40bn loss per year: Ravi K

Nov 24, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake has proposed to end the tax-free vehicles given to state workers and elected ruling class as it has generated a 40 billion revenue loss per year to the government. Public servants and government officials were offered tax cuts to purchase vehicles of their choice, […]