Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Sri Lanka to implement new tax for online hotel bookings

byCT Report
15/11/2016
in Uncategorized
Share on FacebookShare on Twitter

COLOMBO: Sri Lanka last week introduced a tax for online accommodation bookings, increased its airport embarkation tax to US$50 from the current US$35 and announced plans to launch a budget domestic carrier.

These proposals were made during the government’s budget speech for fiscal 2017, presented by finance minister Ravi Karunanayake on November 10.

You might also like

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

Envoys show keen interest in RCCI medHealth & beauty Expo 2026

22/06/2026

The minister said a common platform will be established for the country’s hotels to integrate portals like Agoda, Airbnb and Booking.com, and through which taxes would be applied per booking. Karunanayake said the move addresses concerns from hoteliers regarding OTAs expanding their operations without paying any tax.

Meanwhile, the increased embarkation tax replaces an earlier proposal by the government to impose a 15 per cent tax on all air tickets. The latter proposal was objected to by local travel agents.

No schedules were given on the implementation of these tax schemes. However, the government stated that a new domestic airline, formed jointly by the authorities and the private sector, is slated to launch before March 31, 2017.

The airline, still unnamed, will operate using Sri Lankan Air Force planes to destinations within the country. An initial investment of 50 million rupees (US$340,000) will be injected, said Karunanayake.

Currently, while the privately-owned Cinnamon Air operates flights to a few domestic destinations, the government wants a daily, more affordable LCC to help ease travel from the capital Colombo to popular tourist spots that take a long time to travel to by road.

Related Stories

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Envoys show keen interest in RCCI medHealth & beauty Expo 2026

byCT Report
22/06/2026

ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) continued to strengthen Pakistan’s international engagement in the healthcare and wellness...

Hutchison’s $3b Karachi port expansion plan stuck over concession, procurement issues: report

byCT Report
22/06/2026

KARACHI: A planned $3 billion investment by Hong Kong-based Hutchison Ports to expand container handling facilities at Karachi’s ports has...

Customs announces auction of overstay hydrocarbon solvent at Taftan & Quetta Dry Port

byCT Report
22/06/2026

QUETTA: Pakistan Customs has announced the auction of multiple overstay consignments of Light Aliphatic Hydrocarbon Solvent, commonly known as White...

Next Post

IDC bullish on Malaysia’s digital economy potential

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.