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Seesawing from one tax to another

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1 December 2015 06:30 pm - 0     - {{hitsCtrl.values.hits}}

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A political bigwig wanted to re-introduce the BTT in place of the VAT through the recent yahapalanaya annual budget. 



However, the world’s highest monetary body immediately frowned on this fiscal policy change and warned the yahapalanaya top brass to brace for repercussions if they (the latter) opted for the obsolete BTT system. 

Highly perturbed top authorities here went into emergency deliberations following this warning and decided at the eleventh hour to go back to the VAT formula, they say. 

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

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

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