Fuel price to be revised every 2 months – Mangala Samaraweera

UTV | COLOMBO – Finance Minister Mangala Samaraweera says with the implementation of the fuel pricing mechanism, the prices of fuel could be increased or decreased every 2 months.

The new fuel pricing mechanism was approved by the Cabinet Day-before-yesterday (May 09).

Addressing the media, the Minister also said that 2.5% tax on children’s savings accounts will be withdrawn.

He also said that writers royalty fee from publishers will be tax-free up to Rs. 50,000 monthly or Rs. 500,000 per annum.

Related posts

Ilma’s first ever career guidance fair held

IMF arrives in Sri Lanka for discussions

USD sold at Rs. 260