taxes Archives - UTV News English

Govt. medical equipment for COVID-19 exempt of taxes

editorMay 28, 20200

(UTV | COLOMBO) – Minister Prasanna Ranatunga says medical and health equipment provided to the government, to help combat the COVID-19 pandemic, is exempt of

Government willing to reduce indirect taxes

editorMay 31, 20190

(UTV|COLOMBO) – The Commissioner of the Department of Inland Revenue says the government is willing to reduce the Value Added Tax and indirect taxes in future.

Revised vehicle taxes only on LCs opened after March 6

editorMar 13, 20190

(UTV|COLOMBO) – Finance Minister Mangala Samaraweera says that the taxes on import of motor vehicles proposed by the 2019 Budget will be implemented only on

Inland Revenue Act aims to raise direct taxes to 40% – FM

editorMay 11, 20180

UTV | COLOMBO – The new Inland Revenue Act is aimed at increasing direct taxes to 40 percent and reducing indirect taxes to 60 percent.