PM suggests tax on capital

17 February 2016 07:27 am - 5     - {{hitsCtrl.values.hits}}

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The Northern Provincial Council was to prepare a document containing its plans to develop the province which in turn will be presented at the doner summit to be organised by the Japanese government in Tokyo soon.

This decision was made at a meeting Northern Province Chief Minister C V Wigneswaran had with Prime Minister Ranil Wickremesinghe at Temple Trees.

The Chief Minister and two other ministers had presented their development plans for the province to the PM who then instructed the Chief Minister to prepare a single document containing all the development plans so that it could be presented at the summit which was to be held in Japan later this year.

Governor of the Northern Province Reginald Cooray, Minister of Reconstruction and Rehabilitation D. M. Swaminathan, former President Chandrika Kumaratunga and Former Governor of the Northern Province H. M. G. S Palihakkara have also been present at the meeting. (Yohan Perera)

  Comments - 5

  • harsha Wednesday, 17 February 2016 07:03 PM

    Yes, this is good Idea to add Capital Gain Tax. One the other side - you need to add one allowance system for workers salary. You need to investigate how our professional avoiding their taxes. Doctors, Dentist, Lawyers charge their fee on a cash basis. So you need to have monitoring systems for them. The government should give Desktop Computer to each and every Doctor / Dentist with simple Data Base System to track how many patients are coming to see them Doctors or professional can update their clients details with their ID number. That system can be linked to all the District Inland Revenue Offices.

    john Wednesday, 17 February 2016 12:04 PM

    Where is the tax news?

    DAN Wednesday, 17 February 2016 02:15 PM

    That will be a deterrent to investment and in turn could make masses pay more as taxes..

    karu Wednesday, 17 February 2016 03:16 PM

    Article not related to the heading. Still another bombshell in hiding via DM Android App

    Nihal Amarasekera Wednesday, 17 February 2016 03:58 PM

    100% taxed.


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