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
High level Sri Lanka-Bahrain talks held to renew trade, strengthen bilateral cooperation
-- [18 minutes ago]
Senior Solicitor General Jayantha Jayasuriya selected to be Sri Lanka's next Attorney General
-- [59 minutes ago]
Sri Lanka Speaker receives death threats for refusing demands of joint opposition
-- [1 hour and 40 minutes ago]
Sri Lanka Navy arrests seven local fishermen engaged in illegal fishing
-- [2 hours ago]
Galagodaaththe Gnanasara Thera further remanded until 16th
-- [2 hours ago]
Sri Lankan PM decides to directly respond to MPs in parliament
-- [2 hours ago]
Sri Lanka Supreme Court concludes Bhikku Kathikavath Bill contravenes the Constitution
-- [2 hours ago]
Sri Lanka investment promotion agency woos diplomats for investment
-- [3 hours ago]
U.S. government proposes US$ 31 million aid to Sri Lanka for next year
-- [3 hours ago]
Sri Lanka's Defense Secretary briefs EU Parliamentary delegation on progress of military matters

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.