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» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyToday at 2:58 pm by nuwanmja

» JKH - 155/00 Breakout is pending
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyToday at 10:19 am by nisashi

» Tokyo as at 21.08.2019 Morning
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyToday at 10:07 am by nisashi

» Thread for News on CSE and SL Economy
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» අනං මනං! #/+?.<>
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyYesterday at 8:18 pm by ruwan326

» Dividend Announcement
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyYesterday at 6:04 pm by Ethical Trader

» Browns Investments update
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyYesterday at 1:46 pm by The Invisible

» What Would You Do?
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 19, 2019 10:13 am by Topcat

» Thread for News on Local and Foreign Politics
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 19, 2019 6:32 am by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 18, 2019 8:26 pm by The Invisible

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 18, 2019 8:18 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 18, 2019 8:14 pm by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 17, 2019 12:44 pm by nuwanmja

» Hayleys MGT
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 16, 2019 8:55 pm by ruwan326

» CFVF - First Capital
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 16, 2019 9:58 am by CK

» JINS.N0000 ( Janashakthi Insurance PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 14, 2019 4:57 pm by The Invisible

» Ceylinco Insurance CINS
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 14, 2019 9:18 am by The Invisible

» HNB.N0000 ( Hatton National Bank PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 14, 2019 9:15 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 14, 2019 9:11 am by The Invisible

» Tourism Sector
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 14, 2019 4:55 am by NIRMALSG

» LIOC.N0000 (Lanka IOC PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 12, 2019 2:55 pm by xmart

» HAYL.N0000 Hayleys PLC
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 12, 2019 1:43 pm by CK

» PABC.N0000 (Pan Asia Banking Corporation PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 12, 2019 1:33 pm by The Invisible

» Grain Elevators
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 12, 2019 1:31 pm by The Invisible

» Sri Lanka sets US$3.5bn tea export target for 2030
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyMon Aug 12, 2019 1:27 pm by The Invisible

» Tea: July 2019 national average shows gains month on month
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySun Aug 11, 2019 9:19 pm by Topcat

» OSEA .N
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 6:40 pm by The Invisible

» Sri Lanka mulls reforms to punish 'errant' plantation companies
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 6:33 pm by The Invisible

» JKH.N0000
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 11:38 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 10:42 am by The Invisible

» Nestle NEST
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 10:28 am by The Invisible

» Ceylon Tobacco CTC
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptySat Aug 10, 2019 10:26 am by The Invisible

» Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි.
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 09, 2019 5:37 pm by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 09, 2019 5:07 pm by Ethical Trader

» VFIN - where the journey leads it?
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 09, 2019 9:21 am by ruwan326

» UAL.N0000 ( UNION ASSURANCE PLC )
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyFri Aug 09, 2019 9:20 am by ruwan326

» SPEN.N0000
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 10:20 pm by The Invisible

» Lanka Tiles
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 10:15 pm by The Invisible

» Expolanka
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 8:28 pm by ruwan326

» Tile - Snapshot
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 11:37 am by mymoney

» DPL.N0000 (Dankotuwa Porcelain PLC)
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 11:31 am by mymoney

» නිරුවත
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 9:36 am by කිත්සිරි ද සිල්වා

» HAYC - Haycarb
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyThu Aug 08, 2019 7:32 am by Beta

» WATA - Watawala
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 07, 2019 12:03 pm by lanka

» Chemanex
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyWed Aug 07, 2019 6:40 am by The Invisible

» East West properties
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyTue Aug 06, 2019 8:17 am by slstock

» CSE Market Wrap - 02.08.2019
VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 EmptyTue Aug 06, 2019 6:59 am by pjrngroup

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VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015

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VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015 Empty VAT Reduced: Payee tax limited: Budget deficit to be reduced: Budget 2015

Post by First Guy on Sat Oct 25, 2014 7:26 am

Oct 25, 2014 (LBO) – Sri Lanka President suggested to reduced value added tax to 11 percent and limited payee tax to 16 percent, thought the budget 2015.

Currently the value added tax is 12 percent in the island.
The government plans to reduce the budget deficit to 3.85 percent by 2016 and 3.2 percent by 2017, the president said in his budget speech.

Sri Lanka plans to reduce budget deficit to 4.6 percent in 2015.

http://www.lankabusinessonline.com/news/vat-reduced:-payee-tax-limited:-budget-deficit-to-be-reduced:-budget-2015/697762582
First Guy
First Guy

Posts : 2533
Join date : 2014-02-22

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