Tag: Sri Lanka
Govt plans to impose PAYE taxes on public servants salaries, while giving a Rs 2,500 salary hike
Putting in place a much-needed reform, the government is planning to impose PAYE taxes on public servants salaries, while giving a minimum of Rs.2,500 salary increase. Putting in place a much-needed reform, the government is planning to impose PAYE taxes on public servants salaries, while giving a minimum of Rs. 2,500 salary increase. But the […]
Cashed trapped Treasury plans to mandate those who own a car, house, credit card and a mobile phone to open a tax file
A person who pays an electricity bill of Rs 10,000, a phone bill of Rs 10,000, a credit card spend of more than Rs 25,000 a month, or buys a ticket to go abroad, must file a tax return if at least 4 of the conditions are met.A person who pays an electricity bill of […]
Sri Lanka’s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005
Sri Lanka’s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005 released on Thursday Sri Lanka’s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005 […]
Setting the background to the 2005 budget speech Finance Minister Sarath Amunugama says the budget was prepared entirely by local experts without a single foreign expert
Setting the background to the 2005 budget speech Finance Minister Sarath Amunugama says the budget was prepared entirely by local experts without a single foreign expert. Setting the background to the 2005 budget speech Finance Minister Sarath Amunugama says the budget was prepared entirely by local experts without a single foreign expert. He said the […]
Railway to operate as a commercial enterprise within the department structure
The railway will operate as a commercial enterprise within the department structure, says the Finance Minister.The railway will operate as a commercial enterprise within the department structure, says the Finance Minister. Delivering the budget plans for 2005 Minister of Fianance, Sarath Amunugama said the railway authority law would be repealed but that the railway will […]
The fledgling software industry will get a leg up through concessional sops to achieve a US$ 1 bn export earnings by 2012
The fledgling software industry will get a leg up through concessional sops to achieve a US$ 1 bn export earnings by 2012.The fledgling software industry will get a leg up through concessional sops to achieve a US$ 1 bn export earnings by 2012. In order to support this industry, the public sector will be required […]
‘s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005
Sri Lanka’s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005 released on Thursday Sri Lanka’s cash strapped government plans to fill up the coffers with higher taxes, but has scrapped plans for privatisation, according the budget estimates for 2005 […]
Tigers blame Sri Lanka president for talks deadlock
Sri Lanka’s Tamil Tiger rebels accused President Chandrika Kumaratunga of “deceit” as she gave the guerrillas two weeks to decide if they wanted to revive stalled peace negotiations Sri Lanka’s Tamil Tiger rebels accused President Chandrika Kumaratunga of “deceit” as she gave the guerrillas two weeks to decide if they wanted to revive stalled peace […]
Petrol and diesel would be market priced in the future, Finance Minister says
In a hopeful sign that responsible economic management may be returning to the country, Finance Minister Sarath Amunugama said, petrol and diesel would be market priced in the future. In a hopeful sign that responsible economic management may be returning to the country, Finance Minister Sarath Amunugama said, petrol and diesel would be market priced […]
The Finance Minance Minister’s eBudget goes in to the box
On Wednesday afternoon a beaming Finance Minister, Dr.Sarath Amunugama ceremonially transferred the an e-assisted budget to the red budget box for the UPFA government’s maiden budget reading on Thursday.On Wednesday afternoon a beaming Finance Minister, Dr. Sarath Amunugama ceremonially transferred the an e-assisted budget to the red budget box for the UPFA government’s maiden budget […]
Japan lends Rs. 780 mn to ease balance of payment crunch and promote economic development
Sri Lanka has secured around Rs. 780 mn (Japanese Yen 800 mn) worth of financial assistance from Japan to ease balance of payment difficulties and promote economic development. Sri Lanka has secured around Rs. 780 mn (Japanese Yen 800 mn) worth of financial assistance from Japan to ease balance of payment difficulties and promote economic […]
‘s eBudget goes in to the box
On Wednesday afternoon a beaming Finance Minister, Dr.Sarath Amunugama ceremonially transferred the an e-assisted budget to the red budget box for the UPFA government’s maiden budget reading on Thursday.On Wednesday afternoon a beaming Finance Minister, Dr. Sarath Amunugama ceremonially transferred the an e-assisted budget to the red budget box for the UPFA government’s maiden budget […]