Hirunews Logo
Reconsider+the+revision+of+VAT+%E2%80%93+a+request+from+former+President+Mahinda
Monday, 19 September 2016 - 19:16
Reconsider the revision of VAT – a request from former President Mahinda
27

Shares
3,261

Views
Former President Mahinda Rajapaksa says that the current government has oppressed the people by increasing the Value Added Tax.

Releasing a communiqué, the former President further stated that the government has gazetted a Draft Bill to increase the current VAT by 36%.

He also stated that the government still has time to reconsider the increase in VAT as it will oppress the masses, as it will add to the cost of private health services by 15%.

The communiqué released by former President Mahinda Rajapaksa stated that VAT was charged only from super markets which recorded a daily turnover of Rs. 2.8 million during his rule, but the current government has extended it to small retail shops.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
Heavy snow across the globe
Friday, 13 January 2017 - 9:29
Many countries are experiencing heavy snow, foreign media states. The temperature in England, Scotland, North Ireland and Wales has hit minus 10 degrees... Read More
News Image
Hiru News Programme Segments
832 Views
1,240 Views
2,286 Views
1,878 Views
10,432 Views
44,727 Views
Top