Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lankan government's 2013 budget benefits only super rich - opposition
Fri, Nov 9, 2012, 11:40 am SL Time, ColomboPage News Desk, Sri Lanka.

Nov 09, Colombo: Sri Lankan government's 2013 budget would benefit only the super-rich in the country, the main opposition United National Party (UNP) says.

Economist and UNP parliamentarian Dr. Harsha de Silva says the budget presented to the parliament Thursday did not contain any relief for the ordinary people and farmers, fishermen and the hardworking people of the country have not received any benefit from the budget.

He has explained that the exemption of taxes on sports cars and the permission granted to transfer funds deposited in foreign banks indicated that the government's budget targeted only a small group of people.

The budget proposes exempting taxes on go-carts and specially designed racing vehicles to attract international sporting events and participants to those events to increase revenue from such events to US$ 500 million by 2016 from the current US$ 50 million.

According to Dr. de Silva, 99 percent of the population had been left in the lurch by the government. He questioned if the importing of racing cars would address the issues faced by the people.



ColomboPage - Recent 10 Stories
Sri Lanka Attorney General's Department sets up provincial units
-- [2 hours ago]
Sri Lanka briefs diplomatic community on measures taken to subdue renewed threat of terrorism
-- [4 hours ago]
Sri Lankan President vows to take strict action against lawbreakers, not to permit religious discord
-- [5 hours ago]
Parliamentary delegation of Balochistan visits Sri Lanka
-- [6 hours ago]
Sri Lanka business chamber conducts workshop on media Strategies for corporate sector
-- [6 hours ago]
Sri Lanka to conduct tsunami drill today
-- [7 hours ago]
Japan offers higher education scholarships to Sri Lankan students
-- [7 hours ago]
Australia says co-operation with Sri Lanka to prevent people smuggling is a success
-- [8 hours ago]
Sri Lanka appoints Malinga as captain of T20 Team until March 2015
Extremist Sri Lankan Buddhist organization surrounds government ministry

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.