VAT amendment wonít benefit people - JO

VAT amendment wonít benefit people - JO

September 14, 2016   05:16 pm


The amended bill on the Value Added Tax (VAT) would not bring any benefit to people, the Joint Opposition claims.

The observation was made by MP Bandula Gunawardena while speaking at a press conference held in Colombo this afternoon (14).

“A business that exceeds a daily turnover of Rs.136,586 would also be entitled for tax under the new amendment,” Gunawardena added.

Meanwhile, former Foreign Minister G.L. Peiris while speaking at the press conference severely condemned the attack on Sri Lankan High Commissioner to Malaysia I. Ansar at the Kuala Lumpur airport.

“Under the rule of Maithri – Ranil, even the international community did not raise their concerns over this incident,” he said.

JO and MEP leader Dinesh Gunawardena alleged that progress in connection with the cases filed on the legality of the Financial Crime Investigation Division (FCID) have come to an abrupt end.

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