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Parliament approves VAT increase from 15% to 18%

2 April 2024 04:59 pm - 13     - {{hitsCtrl.values.hits}}

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By Ajith Siriwardana and Yohan Perera

Parliament, April 2 (Daily Mirror)- The order under the Value Added Tax (VAT) which proposed to increase the VAT percentage from 15 percent to 18 percent was passed in Parliament with a majority of 36 votes.

A total of 55 MPs voted in favour while 19 MPs voted against.

The gazette notification for the amendment was issued in January this year.


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  Comments - 13

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  • Nihal S Tuesday, 02 April 2024 05:08 PM

    How many MPs in Parliament? Is this a joke of the day

    Debts are Mounting. Reduce Expenses Wednesday, 03 April 2024 06:57 AM

    Even if they increase taxes to 100%, the amount of debts and interest SL needs to pay back is ridiculously high. Only way is to cut government expenditures, remove pensions for new candidates, trim the Tri-Force and gradually stop all kinds of free services to the public.

    Bandu Tuesday, 02 April 2024 05:11 PM

    Just 55 in favour in an important matter to the public. Less that One Fourth of total MPs make laws for the country. And the opposition no better if interested they have 84 members but only 19 present.

    They’re for publicity to improve on their personal development. Wednesday, 03 April 2024 06:50 AM

    Most Opposition just enjoying the high salaries and perks. Occasionally barking in parliament just to show some work being done. But actually they’re for publicity to improve on their personal development.

    Nappiyo Tuesday, 02 April 2024 05:31 PM

    Construction Industry hereby is OVER!!!!! Suck up to the chief, 55 MP's!!

    Tariq Tuesday, 02 April 2024 05:48 PM

    Good move to increase state revenue

    A Tuesday, 02 April 2024 06:01 PM

    List of name of the MPs

    Johan Tuesday, 02 April 2024 08:35 PM

    These crooks force people to pay 18% tax,the collected money is not spent on people but spent on Polticians lavish expenses,donations and so on.Can the finance ministry reveal to the print and electronic media monthly how much collected and how the money is being utilised .200 million extra Presidential expenses parliament approved. What about1million dollars donation where is the parliament approval.

    Dee Tuesday, 02 April 2024 09:11 PM

    All those who don’t even know what vat is have already profited from it! Mostly the ‘podi’ man! As usual, too late! They are planning their next cash deal- whilst also planning for receiving asvesuma benefits!

    Roberta Flack Wednesday, 03 April 2024 06:12 AM

    Parliament can stuff it for all we care. It’s they who successfully robbed us for years, it is their economic policies that have failed and ridiculous that they approve what we have to pay for the issues they have given us, the people of Sri Lanka. I find it hard to believe that a certain segment of Colombo society thinks RW has done a good job because they have $ when to take when they go to Disneyland.

    Man Wednesday, 03 April 2024 11:40 AM

    So, SLPP is a part of the government as they voted for but Basil didn't know. What seven brains it is.!

    Dunupala Thinegedara Wednesday, 03 April 2024 03:59 PM

    A great move to poor people NOT for paga men and Pin Padi MPs!! Gon People keep voting for them - go after Pin Gonas to eat bones NOT meat!!

    Buddhist Wednesday, 03 April 2024 03:59 PM

    Voters must remember the names of every MP who voted for this bill and treat them appropriately in the next elections.


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