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Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
Sri Lanka Freedom Party: 19 August 1994: D. B. Wijetunga: Minister of Industrial Development [30] [31] G. L. Peiris: Sri Lanka Freedom Party: 19 October 2000: Chandrika Kumaratunga: Minister of Constitutional Affairs and Industrial Development [32] [33] Ronnie de Mel: Sri Lanka Freedom Party: 14 September 2001: Minister of Trade, Industrial ...
The Ministry of Traditional Industries and Small Enterprise Development was a Sri Lankan government ministry responsible for oversight of policy guidance and facilitation for traditional local industry, SMEs and the handicraft industry, with a goal of helping improve these industries to compete on the international market.
VAT = Valued Added Tax; BTW = Belasting op toegevoegde waarde South Korea 10% 0% (essential foodstuffs) VAT = bugagachise (Korean: 부가가치세; Hanja: 附加價値稅) Sri Lanka [155] 18% 0% VAT = Valued Added Tax has been in effect in Sri Lanka since 2001. On the 2001 budget, the rates have been revised to 12% and 0% from the previous 20% ...
The concept of registration of persons and issuing identity cards was the subject of an agreement made between India and Sri Lanka in 1954, The draft bill submitted to the Sri Lankan parliament in 1962 was passed as the Act of Registration of Persons No. 32 of 1968. With the aim of activating the provisions of this Act, the Department of ...
Sri Lanka Freedom Party: 9 November 2018 - 11 January 2019 Minister of Trade, Consumer Affairs, Co-operative Development and Christian Religious Affairs Daya Gamage: United National Party: 11 January 2019 - 22 November 2019 Minister of Labour, Trade Union Relations and Social Empowerment Chamal Rajapaksa: Sri Lanka Podujana Peramuna
The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. [ 2 ]
Kuwait's free trade zone (FTZ) was formally established in 1999 to expand businesses and lure the export industry. The zone was located in the western part of the commercial port of Shuwaikh . It was the only free trade zone in the country.