Sri Lanka’s state revenue had increased by 25 percent in January following the increase of Value Added Tax (VAT), State Minister of Finance Ranjith Siyambalapitiya said...
With the VAT increased to 18% and it being applied to items earlier that were exempted will further increase the construction costs. Nissanka N. Wijeratne, Secretary...
By Saman Indrajith The SLPP’s duplicity is amply displayed by its double standards on the VAT increase, says the JVP-led NPP.Former JVP MP and NPP executive...
President Ranil Wickremesinghe, on Wednesday night, speaking at the National Industry Awards ceremony, acknowledged the challenging decision to increase the Value Added Tax (VAT) to 18...