Mon, 23 May 2022 Today's Paper

Other taxes likely to be removed except for VAT: Eran

17 June 2016 03:58 pm - 4     - {{hitsCtrl.values.hits}}

A A A

State Enterprise Development Deputy Minister Eran Wickramaratne said today the Government was gradually removing the various taxes imposed on goods and services so that in future the taxation would be restricted to the Value Added Tax (VAT).

He said most of the countries were imposing VAT, which has been termed as a progressive form of taxation.

The deputy minister said the previous Government had imposed various taxes under different names but those taxes were being removed and only the VAT would remain.

The deputy minister said the Government was considering changing the implementation of VAT and that certain healthcare services including outpatient’s services in private hospitals would be exempted from the VAT.

“Medical tests such as dialysis would be exempted from the VAT and services in the outpatients departments in private hospitals would also be exempted from VAT. But if someone was taking in-house treatment at a private hospital, they would be subjected to the VAT,” he said adding that the Government was studying imposition of the capital gains tax as a form of reducing the income gap which had increased enormously during the past decade.

When asked about reappointment of Central Bank Governor, the deputy minister said it was up to the President to decide after considering several factors including his performance.(Ajith Siriwardana)

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 4

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  • Hitapang Machan Sunday, 19 June 2016 02:50 AM

    in this government this finance minister implement taxes another minister toeing to reduce prime minister telling something big joke ministers also no work so many ministers y not vat on ministers salary via DM iOS App

    Premalal Saturday, 18 June 2016 10:21 AM

    Sri Lanka must surely be the only country where sickness is considered a luxury. This shows the moral bankruptcy of this government. Taxing sickness is the last straw.

    chandra Saturday, 18 June 2016 11:06 AM

    Fortunately previous government was there to blame always. last one and half years hearing same music. via DM Android App

    sathees Friday, 17 June 2016 05:44 PM

    All I know is this gov is fooling the people and they are confused as well!


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




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.