Legal action against companies and institutions which do not pass on the benefit of reduced taxes

Monday, 13 January 2020 - 12:58

Legal+action+against+companies+and+institutions+which+do+not+pass+on+the+benefit+of+reduced+taxes

The Consumer Affairs Authority has decided to take legal action against the companies and other commercial institutions which do not pass on the benefits of the reduced taxes to the people effective from December 1st.

Authority Director Asela Bandara stated that certain companies have not passed on the benefits of reduced tax and annulment of nation building tax to the people despite the reminders given to them in this regard.

The Government reduced Vat to 8% from 15% and, the nation building tax was cancelled with effect from December 1st last year.



Anuradhapura Bhiksu University temporarily closed due to covid
Monday, 18 January 2021 - 7:16

The Anuradhapura Bhiksu University has been temporarily closed.The decision to close was taken after five persons in the university were infected with... Read More

Long distance train journeys re-commence today
Monday, 18 January 2021 - 7:03

Long distance train journeys will re-commence today (January 18).Accordingly, trains will run on the main line from Colombo Fort to Kandy and Badulla.The... Read More

Weather update 18 January: Heavy rainfall expected
Monday, 18 January 2021 - 6:07

Showers will occur at times in North-central, Eastern, Central and Uva provinces. and fairly heavy falls above 50 mm can be expected at some places... Read More