President wants to re-impose tax on beer

25 Nov 2015 - {{hitsCtrl.values.hits}}

President Maithripala Sirisena has instructed finance minister Ravi Karunanayaka to increase the tax on imported beer (5% alcohol content) which was reduced by Rs.30 in the budget proposal, Presidential Media Division (PMD) said

Finance Ministry had reduced the tax imposed on a liter of beer with low-alcohol percentage to Rs. 160 from Rs. 190 to remove tax discrepancy on import beer.

President had instructed the Finance Minister to increase the tax on import beer as reduction of tax would lead to promote such beer.

Breaking News

President wants to re-impose tax on beer

Most Popular Articles

More arrests of lawyers, politicians and senior police officers

Former National Lotteries Board Chairperson Shyamila Perera arrested

Girl visited her lover, gang raped by lover and his friends

Updated World Test Championship standings after West Indies’ record win over Sri Lanka

Historic locomotive move between Kandy and Peradeniya without tracks

Country loses US $ 1 billion in fraudulent transactions, certain banks involved

Latest News

Rakitha, Chatith and Aruna further remanded

Colombo Law Society urges President to abandon plan to extend judges’ retirement age

Kelani Valley train services to resume from today

Private bus driver arrested following reckless road race in Kotavila

Sri Pada off-season entry restricted to two routes; Pass made mandatory