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

Traders oppose govt's move to transfer administration of 5 economic centers to a new company (English)

Traders oppose govt's move to transfer administration of 5 economic centers to a new company (English)

Prices of Octane 92 Petrol and Auto Diesel reduced by Rs. 2 (English)

Certain groups attempting to impede govt's progressive trajectory - Minister Nalinda Jayatissa (English)

GMOA doctors to intensify trade union action form tomorrow over several demands (English)

🔴LIVE | Ada Derana Prime Time News Bulletin - 2026.02.01

🔴LIVE | Ada Derana Midday Prime News Bulletin - 2026.02.01

Govt committed to protecting and rehabilitating reservoirs - Minister Lal Kantha (English)

Aviation Minister explains reason for removal of AASL chairman (English)