Sri Lanka tax cuts to shave off Rs560bn govt. revenue in 2020: Asia Securities

Dec 10, 2019 (LBO) – Sri Lanka’s recently announced tax cuts will likely shave off 560 billion rupees from government income in 2020, launching its equity outlook report for next year, Asia Securities Research said. Even though a pick up in consumer activity and higher collections compared to 2019 will lead to a partial clawback, […]