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
Home Latest News

Sri Lankan President vows not to impose any tax that burdens people

byCT Report
18/04/2016
in Latest News
Share on FacebookShare on Twitter

Colombo: Sri Lanka’s President Maithripala Sirisena today vowed not to impose any tax that would be a burden on the people.

The President noting that a section of the media published reports stating that the government is preparing for a revision of value Added Tax (VAT) said he will not allow any increase in taxes that affect the common people.

You might also like

KP taxpayers unable to file returns?

24/09/2026
xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Standing committees vital to ICCI’s success and service to business Community

24/09/2026

“But I will never allow increase any tax which will oppress the poor masses in the country,” he stated.

“If there are any economic experts who present such proposals, I am not ready to get their advices for the economic program of the country and on the contrary I will send them home,” he further stated.

The President made these remarks at a function to offer best wishes to the people of Pulathisipura for the Sinhala and Tamil New Year, today at the Buddhi Mandapaya in Polonnaruwa.

The Finance Ministry last week announced that the Value Added Tax (VAT) would be increased from 11 to 15 percent and the raise will be effective from 2 May. Increase in VAT has been proposed in the 2016 Budget.

Speaking further, the President pointed out that the policy of the current government is to provide the public a relief by giving them economic benefits as a government of the ordinary people. “The new government will go forward as a people-friendly government without turning back,” he further stated.

The President recalled that with the political transformation that took place on January 08, 2015, ending the era of corruption, fraud and family dynasty, they have built a people centric government. He further stated that he will fully commit himself with a firm determination in this New Year to fulfill the aspirations of the people and will not allow any room for those forces that damaged the country to regain power once again.

“When the new government work with a commitment to making this country a better and developed one, some defeated political forces are trying to disguise themselves with different masks and to enter into the scenario,” the President said adding that he can well recognize those people and their opinions and would not be allowed to obstruct the forward march of the government.

President Sirisena also presented ‘Lakdaru Diriya’ scholarships to the school children.

Chief Minister of the North Central Province, Peshala Jayaratne, parlaiementarins Siripala Gamlath, Nalaka Kolonne, and Sidney Jayaratne and many others participated in the event.

Related Stories

KP taxpayers unable to file returns?

byCT Report
24/09/2026

PARACHINAR: The Federal Board of Revenue (FBR) should immediately rectify an error in new income tax return where compliant taxpayers...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Standing committees vital to ICCI’s success and service to business Community

byCT Report
24/09/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI) Sardar Tahir Mehmood has paid rich tribute to the members of...

Punjab: Citizens can now verify tax receipts through this app

byCT Report
24/09/2026

LAHORE: The Punjab Revenue Authority (PRA) has launched an app for taxpayers to verify the authenticity of receipts through a...

Cutlery exports increase 17.78pc to $10.280m

byCT Report
24/09/2026

ISLAMABAD: The exports of cutlery witnessed an increase of 17.78 percent during the first two months of the current financial...

Next Post

Fiat Chrysler Automobiles is testing a new SUV

  • 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.