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 12.00 Midday News Bulletin

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

No rationale behind opposition's accusations against govt - PM Harini (English)

PM Harini inaugurates Global Entrepreneurship Week 2025 in Colombo (English)

Second Reading of Budget 2026 passed in Parliament with a majority of 118 votes (English)

🔴LIVE | Ada Derana Prime Time News Bulletin - 2025-11-15

Opposition's expectations to oust the govt. lowering – Ananda Wijepala (English)

Marketers must convince the govt. on the way forward – Dilith Jayaweera (English)

Ada Derana wins Bronze Award for 'Innovative Brand of the Year' at SLIM Awards (English)