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

'International laws must be followed, any challenge can be faced then” – FM Vijitha Herath (English)

'International laws must be followed, any challenge can be faced then” – FM Vijitha Herath (English)

Second gunman of Akuregoda shooting interrogated, more details revealed (English)

Global price hikes may affect local prices - Trade Minister Wasantha Samarasinghe (English)

🔴LIVE | Ada Derana Midday Prime News Bulletin | 2026-03-07

Protests held in Colombo demanding US to end war on Iran (English)

Decisive weeks ahead for Sri Lanka due to global developments - Deputy Defence Minister (English)

Energy Minister issues Gazette notification to restructure Ceylon Electricity Board from March 9 (English)

🔴LIVE | Ada Derana Prime Time News Bulletin