CMC draws plans to acquire 30 semi governmental institutions.

Monday, 25 March 2013 - 13:02




Municipal Treasurer of the Colombo Municipal Council K.D. Chithrapala states that semi government institutions which have been truant in paying income tax within the Colombo city limits would be acquired by the CMC.


Speaking further Chithrapala noted around 30 semi-governmental institutions had absconded income tax payments, with the total value in deprived revenue amounting to over 700 million rupees.