header logo
සිංහලதமிழ்
Rhythms of Lanka
Mogo Academy
Latest
Mansion, Exit, Super Gain taxes introduced
Jan 29, 201503:10 PM
Google NewsAdd on Google
Mansion, Exit, Super Gain taxes introduced
Mobitel Inner

A new Mansion tax has been introduced by the Government, Ravi Karunanayaka said a short while ago. Mansion valued at over Rs.100 million or comprising over 5,000 square feet will be taxed Rs.1 million per house.

 

 

 

All Sri Lankans who migrate to another country will be liable for a 20% exit tax, Karunanayaka added. He also added that a super gain tax of 25% will be applicable for organizations that record a profit of over Rs. 2000 million.

 

 

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

“Prisoners’ safety must be guaranteed by the govt” Several factions demand answers from Minister

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

Mahara Prison unrest damage estimated at Rs. 150 million; Video evidence and masterminds under probe

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

"Bringing smiles to little hearts" Children learn the art of kite-making at Derana Kite Workshop

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

“Need to find out if it was controlled from outside”; Justice Minister on Mahara Prison unrest

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

ADB extends $200M to help Sri Lanka tackle economic pressures from Middle East conflict

Ceypetco announces that fuel prices will remain unchanged in August

Ceypetco announces that fuel prices will remain unchanged in August

'Suwa Seriya' free ambulance service marks 10 years as India pledges 100 more ambulances

'Suwa Seriya' free ambulance service marks 10 years as India pledges 100 more ambulances

Ex-Defence Secretary and ex-IGP sentenced to death over failure to prevent 2019

Ex-Defence Secretary and ex-IGP sentenced to death over failure to prevent 2019

TV Derana named ‘Youth TV Channel of the Year’at 7th New Generation "Youth Top40" Awards

TV Derana named ‘Youth TV Channel of the Year’at 7th New Generation "Youth Top40" Awards

Latest S&P assessment reflects Sri Lanka’s rising investor confidence and economic stability

Latest S&P assessment reflects Sri Lanka’s rising investor confidence and economic stability

Buddhists across Sri Lanka observe sacred Esala Full Moon Poya today

Buddhists across Sri Lanka observe sacred Esala Full Moon Poya today

“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Govt. seeking a one-party rule” - Sajith also opposes govt. move to extend retirement age of judges

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

“Modern rulers cannot tolerate the saffron robe ”Maha Sangha calls for protection of Buddhasasana

Cabinet approves contentious proposal to extend retirement age of all judges

Cabinet approves contentious proposal to extend retirement age of all judges

Government will not expand paddy cultivation - Minister Lalkantha

Government will not expand paddy cultivation - Minister Lalkantha

Lassana Flora