Tag: Sri Lanka’s President opposes planned VAT hike

Maithripala-Sirisena

‘s President opposes planned VAT hike

Apr 19, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena, in a public address on Monday, said he would not support tax increases that burden the people. The Value Added Tax (VAT) rate is scheduled to be increased to 15 percent from May 2nd, according to the Finance Ministry, and will include the telecommunications sector. […]