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62% (This consists of 40% income tax on the GBP 100k–125k band, an effective 20% due to the phase-out of the personal allowance, and 2% employee National Insurance). The marginal rate then drops to 47% for income above GBP 125k (45% income tax plus 2% employee National Insurance) [241] [242] 20% (standard rate) 5% (home energy and renovations)
University Grants Commission is the body responsible for funding most of the State Universities in Sri Lanka, and operates within the frame work of the Universities Act No. 16 of 1978. A public organisation, established under the Parliament Act No 16 of 1978.
Sri Lankan Tamil academic Ratnajeevan Hoole recounted the following in a letter to The Washington Times: [8] "I took the common Advanced Level exam in 1969 and was admitted to the engineering faculty. The government then redid the admissions after adding some 28 marks to the four-subject aggregate of Sinhalese students. I lost my seat.
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.
For secondary school students applying for degree–level programmes provided by the University Grants Committee (UGC)–funded institutes, they can only apply through the Joint University Programmes Admissions System (JUPAS), which uses Hong Kong Advanced Level Examination (HKALE) and Hong Kong Certificate of Education Examination (HKCEE) as ...
In recent years, the exam has become extremely competitive and even traumatic for many high school students in Sri Lanka. For the academic year 2013, out of 55,241 candidates who applied for university admission, only 43.8% gained access to state universities through the University Grants Commission (UGC), despite meeting the minimum admission ...
The University of Sri Lanka was a public university in Sri Lanka. Established in 1972 by amalgamating the four existing universities, it was the only university in Sri Lanka from 1972 until 1978. The university was based at six campuses in Colombo, Peradeniya, Sri Jayewardenepura, Kelaniya, Moratuwa and Jaffna.
It was dissolved in 1972 to establish the University of Sri Lanka. In 1974 the Jaffna campus was added to the University of Sri Lanka. [5] [6] [7] The change of the government in July 1977 led to dismantling of the single university apparatus with the plan of establishing independent universities. With the promulgation of the Universities Act.