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  2. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.

  3. Taxation in Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Sri_Lanka

    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.

  4. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    In 2024, a law aimed at reducing the national debt featured return to two rates: a standard rate of 21% and a reduced rate of 12%. Goods and services were redistributed among different tax rates. There was only one services that shifted from the standard rate to the reduced rate and that were non-regular land passenger bus services.

  5. Indirect tax - Wikipedia

    en.wikipedia.org/wiki/Indirect_tax

    Sales tax and value-added tax (VAT) play the major role in this, with VAT being more commonly used around the world. The distinction between these two taxes is that sales tax is paid by the customer at the moment of purchase of the final good or service, whereas VAT is a multistage tax imposed on goods and services that is collected in parts at ...

  6. Public Utilities Commission of Sri Lanka - Wikipedia

    en.wikipedia.org/wiki/Public_Utilities...

    The commission has recently been assigned the task of producing Sri Lanka's long-term power generation plan in the middle of power shortages and an impending energy crisis in the country- the Electricity Supply 2020 and Beyond report has been the subject of minor controversy, with unionized employees of the Ceylon Electricity Board in ...

  7. Consumption tax - Wikipedia

    en.wikipedia.org/wiki/Consumption_tax

    Alternatively, by assuming a thirty-three percent tax rate, the same dollar is reduced to about sixty-seven cents after taxes when earned. The effective interest rate, thereafter, is reduced to six percent, since the rest of the yield is paid in taxes. After twenty-four years, the balance increases only to $2.73.

  8. Ministry of Power and Energy - Wikipedia

    en.wikipedia.org/wiki/Ministry_of_Power_and_Energy

    The Ministry of Power and Energy [1] (Sinhala: විදුලිබල හා බලශක්ති අමාත්‍යාංශය; Tamil: மின்சக்தி மற்றும் வலுசக்தி அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for power and renewable energy.

  9. Ceylon Electricity Board - Wikipedia

    en.wikipedia.org/wiki/Ceylon_Electricity_Board

    On 16 September 2014, after officially opening a completed $1.35 billion Chinese-financed 900 MW coal power plant project, Sri Lankan President at the time, Mahinda Rajapaksa addressed the nation saying that the electricity bills of the people will be reduced by 25%. [15]