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 Lankan President orders to remove taxes on loan interests of financial sector employees
Tue, Jul 22, 2014, 11:29 am SL Time, ColomboPage News Desk, Sri Lanka.

July 22, Colombo: Sri Lankan President Mahinda Rajapaksa has decided to abolish taxes imposed under the 1857/8 special gazette notification.

The President ordered to remove the taxes imposed on employees of state and private banks, financial institutions, and other profit/loss institutions including insurance agencies under the Special Gazette 1857/8.

Accordingly, taxes imposed on the interests on housing loans, distress loans, vehicle loans, overtime allowances of employees of private and public banks, financial institutions, insurance institutions, etc. will be removed.

The President had made the decision following a meeting with the representatives of the Bank of Ceylon Employees' Union Monday evening at Temple Trees.

(Photos by Nishanka de Silva)

ColomboPage - Recent 10 Stories
Sri Lanka in talks with Russia to credit purchase Gepard 5.1 frigates
-- [22 minutes ago]
Sri Lanka "Focus Country" for the year at Expo Pakistan 2017
-- [38 minutes ago]
World Bank recommends Sri Lanka faster implementation of vital reforms to drive economic growth
-- [1 hour and 10 minutes ago]
Sri Lanka Air Force sends first replacement aviation unit under UN mission to South Sudan
-- [7 hours ago]
Over 150 arrested for illegally dumping garbage
-- [8 hours ago]
Ambassador Prasad Kariyawasam of Sri Lanka re-elected to the UN Committee on Migrant Workers
-- [9 hours ago]
Sri Lanka Colombo Stock Exchange appoints Dumith Fernando to the Board
-- [9 hours ago]
Sri Lanka PM calls for formulating strict laws to curb illicit drug abuse
Demonstrations against Uma Oya Project, President to meet the protesters
Four new envoys to Sri Lanka present credentials to President

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.