Finance Minister Ravi Karunanayake, in his Budget speech announced that the prices of several essential items would be reduced.
He said the price of a kilo of green gram would be reduced by Rs.15, a kilo of dhal by Rs.10, a kilo of potatoes by Rs.5, a kilo of sprats by Rs.5, a kilo of white sugar by Rs.2, LP Gas by Rs. 25 per 12.5 Kg and a litre of kerosene by Rs.5.
Meanwhile, the minister said the price of a 400gm packet of locally-manufactured milk powder would continue to remain at Rs.295 and a 425 gm tin of locally-manufactured canned fish will remain at Rs.125.
Arnold Thursday, 10 November 2016 06:06 PM
No one was asking for a reduction in price of kerosene or other items. They could have left it at the same prices and stopped the VAT.
kato Thursday, 10 November 2016 06:15 PM
No use of reducing this and that people need a way of earning to spend on those essentials so find a way to boost the economy reducing price is not an option but can help little via DM Android App
Sharon Thursday, 10 November 2016 06:44 PM
Anything on VAT Seeni bola wedak nehe Sir. via DM iOS App
AMILA.G Thursday, 10 November 2016 07:18 PM
People friendly budget . People are any way friendly in Sri Lanka.
Anton Thursday, 10 November 2016 07:27 PM
OMG! JO is very upset with this budget. Better dash coconut once again.
Sathees Thursday, 10 November 2016 07:38 PM
People used to hook shrimp to catch the shark.What price hike is on the card to satisfy the IMF?
Premalal Thursday, 10 November 2016 07:48 PM
What are the chances that within the next three months you will wake up to find that all or most items on which taxes were reduced have been increased?. However the tax increases will remain.
Shelly. Thursday, 10 November 2016 07:56 PM
What ever the merit and demerit The F. M. his team Prez.P. M. Cabinet have taken a lot of pain in preparing todays Budjet. The document is of good quality. Therefore who ever finds shortcomings should talk about them in good faith and good taste. via DM Android App
Jagath Leanage Thursday, 10 November 2016 11:44 PM
It is a good budget .
Cheers Friday, 11 November 2016 05:10 AM
Trying to cover up the big shark who advised the central bank governor to rob the central bank and you must be thinking people are fools not anymore Ravi
Kaboos Friday, 11 November 2016 08:33 AM
PAYE tax over hundred thousand big relief for middle class.
kevin_Las Friday, 11 November 2016 09:03 AM
I think all cynics in this country should think positive. At least better to start from this point. This budget has covered major areas. What should be done is, eliminate points that seem impractical and make sure the rest is implementaed
kevin Friday, 11 November 2016 09:56 AM
Capital gains tax must be abolished...what do you all think on that?????
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