President presents development budget ...

President Mahinda Rajapaksa presented his budget for 2011 in Parliament yesterday with ...


Allowance increase ...

A 5% monthly allowance increase as a non pensionable allowance will be provided for all pu...


Jobs for graduates ...

10,000 graduates will be given employment in Engineering, Planning, and Agriculture and ot...


Liquor, Cigarettes and Casino tax up ...

Taxes on Liquor, Cigarettes and Casinos increased by 35% to 40% , President said during th...


Pension scheme for private sector ...

A pension scheme for the private sector employees will be put in place, with 2% contributi...


Start afresh ...

All the BOI projects that have failed to initiate during the last five years have to apply...


Tax exemption for airlines ...

SriLankan Airline and Mihin Lanka will be exempted from taxes to increase their profitabil...


Medicine import tax removed ...

Import tax on medical supplies and medicine will be removed completely, President said dur...


Tax on Int’l calls ...

Local call chargers will be reduced to Rs.1.50 from 2 per minute, while a tax of Rs. 2 per...


Rs.3 billion for war heroes ...

President commencing the budget speech in parliament a short while ago said that three bil...


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