Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to raise import taxes on cars and mobile phones - report
Sun, Apr 20, 2014, 11:30 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 20, Colombo: Sri Lankan government plans to increase the import taxes on a number of items from next month to enhance the state income, a local media report said.

The increase in levies is to be implemented from May this year on several top selling items including motor cars, mobile phones and construction industry items such as steel rods and cement.

The decision to raise import levies had been taken at a recent discussion held in the Ministry of Finance with the participation of the senior officials of the Treasury and Central Bank, the Mawbima Sinhala newspaper said.

The officials have pointed out at the discussion that the government decision to decrease the import taxes of the items like motor cars resulted in the decline of state income as a percentage of the gross domestic product.

ColomboPage - Recent 10 Stories
USNS Mercy leaves San Diego bound for Indo-Pacific on Pacific Partnership mission
-- [1 hour and 29 minutes ago]
UN Human Rights Chief urges UNHRC to play a critical role to encourage reconciliation and accountability in Sri Lanka
-- [2 hours ago]
Sri Lanka's UN mission in New York celebrates 70 Years of Independence with "Facets of Sri Lanka"
-- [2 hours ago]
Three Indian nationals smuggling gold arrested at Sri Lanka's Colombo airport
-- [4 hours ago]
Coffee Bean and Tea Leaf reopens its newly refurbished store at Colombo Airport
-- [4 hours ago]
President launches drug prevention program in villages to eliminate poverty in rural areas
-- [5 hours ago]
UN resident coordinator in Sri Lanka Una McCauley passes away suddenly
Sri Lanka Cabinet reshuffle expected on Sunday
Sri Lanka's former Defense Secretary files revision petition requesting to discharge him from Avant Garde case
Sri Lanka Prime Minister meets with young party members to discuss a new UNP leadership

Copyright © 2000, 2014 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.