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 increases import taxes of big onions and potatoes again as local crops being harvested
Mon, Aug 25, 2014, 10:24 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 25, Colombo: Sri Lanka Ministry of Finance today announced that the special commodity levy on imported big onions and potatoes had been increased with effect from August 23.

This is the second time the import levies for the two commodities were increased within a month.

Accordingly, the import tax for potato will be increased to Rs. 25 per kilo from Rs. 15 while the import tax for big onion will be increased to Rs. 35 from Rs. 25 per kilo.

The Ministry said the import levy was increased to safeguard the local farmers. The tax increase is expected to control imports and increase the prices of local produce which is being harvested.

The tax for potatoes increased to Rs. 15 per kilo from Rs. 5 effective from August 12 and the tax for big onion increased to Rs. 25 from Rs.10 per kilo effective from August 15.

However, the potato farmers have complained that the prices for potato in the market are low and they have not gained any profits from their crops.

ColomboPage - Recent 10 Stories
Russian naval ship arrives at Sri Lanka's Colombo port on goodwill mission
-- [1 hour and 51 minutes ago]
Sri Lanka denounces suicide bomb attack on a volleyball tournament in Afghanistan
-- [2 hours ago]
Tamil Nadu CM writes to Indian PM to get fishermen and the boats back from Sri Lanka
-- [2 hours ago]
Sri Lanka's opposition Presidential candidate to reveal the political party and the symbol within two days
-- [3 hours ago]
Vote to defeat Rajapaksa administration, Sri Lanka Marxist party urges people
-- [4 hours ago]
Sri Lankan government denies attempts to buy opposition MPs
-- [5 hours ago]
UNP will not allow war crimes charges against Sri Lankan leaders - MP Harsha de Silva
-- [6 hours ago]
Supporter of Sri Lanka's common opposition candidate removed from provincial council ministerial portfolio
-- [7 hours ago]
Sri Lanka's Catholic Church urges politicians not to use papal visit for campaigns
-- [7 hours ago]
Sri Lanka 2015 budget passed in parliament with a majority of 95 votes
-- [7 hours ago]

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.