VAT revision: Meeting ends inconclusively

6 July 2016 02:41 am - 1     - {{hitsCtrl.values.hits}}

A A A

Monday's meeting chaired by President Maitripala Sirisena on the revision of the Value Added Tax (VAT) is reported to have ended inconclusively in the absence of any decision being taken.

The President summoned this meeting amid mounting public protests against the recent increase in the Value Added Tax applicable to various goods and services.

Finance Minister Ravi Karunanayake said there were several proposals and counter proposals and it was decided to move forward.

He said he would see how these could be incorporated in any tax revision. (Kelum Bandara)

  Comments - 1

  • kk Wednesday, 06 July 2016 05:06 PM

    MR took his own decision. via DM Android App


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Parliamentary election After SC verdict, need 70 days to finalise preparations: EC

The Elections Commission (EC) said it would require 70 days to hold the elect

Will sue those who flout social distancing etiquette: DIG

Legal action will be taken against those who fail to maintain social distanci

Rigid mechanism to ensure safety of schoolchildren: Alahapperuma

When schools reopen, a comprehensive and rigid mechanism will be in place to

SLT clarifies situation regarding recent cyber-attack

Sri Lanka Telecom today said that they have detected an attempt of a cyber-at

MIRROR CRICKET