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Mangala+announces+reduction+of+several+taxes
Thursday, 17 August 2017 - 15:12
Mangala announces reduction of several taxes
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The finance ministry says 10% telecommunication levy imposed on internet services will be removed from 1st of September.

Minister of finance and media, Mangala Samaraweera disclosed this during a media briefing this afternoon.

He also said production tax on mini-lorries and single cabs will be reduced from Rs. 1mn to Rs. 700,000.

Meanwhile, the duty imposed on motorcycles (less than 150cc) will also be reduced by 90% with effect from midnight today.



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