Safety sticker on liquor bottles brought 20% income to Excise dept.- Siyambalapitiya-by Chatruanga Pradeep Samarawickrama Source:Dailymirror While commenting on the proposal made to paste security stickers on liquor bottles, the Excise Department had gained a 20% income when compared with the sales done in the past 10 years, Finance State Minister Ranjith Siyambalapitiya said. He sais the alcohol tax revenue has increased in a background where the consumption of alcohol has come down by 30%. The reason for this growth is that the money spent on illegal or fake alcohol is received as tax revenue, the Minister points out that. ...
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SRI LANKA NEWS (OCTOBER 2022) Compiled by Victor Melder Inflation in capital Colombo, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), rose to 69.8 percent in September, from 64.3 percent in August, as the crisis-struck nation continues to battle with exorbitant prices. According to the government’s statistics office, both food and non-food categories drive September’s inflation. Food inflation increased to 94.9 percent in September, from 93.7 percent in August while non-food inflation surged to 57.6 percent, from 50.2 percent. Within the food category, increases were observed in the prices of fruits, chicken and wheat flour. However, the prices of rice, dhal and sugar decreased during the month. Within the non-food category, increases were observed in the prices of housing, water, electricity, gas and other fuels (electricity bill, water bill and kerosene oil), restaurant and hotels, health, education (international school fees), communication (telephone charges) and ...
Nov 2, 2022
Posted by eLanka admin In
Articles, Victor Melder
Tagged Gotabhaya Rajapakse, Ranjith Siyambalapitiya, Sri Lanka harbours, Tharindu Muthukumarana
Personal income tax likely to come in to force from Nov 1 Source:Dailymirror The newly-gazetted personal income tax will be implemented from November 1, after the approval by the Finance Committee of the Parliament and the signature of the Speaker. Minister Ranjith Siyambalapitiya said this while speaking at a press conference in Ruwanwella. Earlier, a gazette notification was issued amending the Inland Revenue Act. ...
