Budget 2022: Special Commodity Levy to be effective from next January

Budget 2022: Special Commodity Levy to be effective from next January

November 12, 2021   05:33 pm

Finance Minister Basil Rajapaksa today (November 12) put forward a proposal in Budget 2022 to implement the Special Commodity Levy with effect from January 01 next year.

Legal provisions for this tax have already been drafted, the lawmaker added.

Minister Rajapaksa delivered his inaugural budget speech in Parliament earlier today. 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

🔴LIVE | Ada Derana Midday Prime News Bulletin

🔴LIVE | Ada Derana Midday Prime News Bulletin

Auditor General's post vacant since April; Opposition claims post may go to govt loyalist (English)

Heavy showers predicted in several areas tomorrow; DMC on standby to assist the public (English)

State of Public Emergency in Sri Lanka extended by the President (English)

Music icon Latha Walpola passes away, aged 92; Final rites with full state patronage on Wednesday (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

Sri Lanka's tourism sector gradually recovers post-Cyclone Ditwah (English)

CID obtains 72-hour detention order on ex-Minister Douglas Devananda (English)