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Cabinet approves amendments to Nation Building Tax & Value Added Tax

Sri Lanka’s Cabinet of Ministers has approved the tax amendments proposed by the Finance Minister Mangala Samaraweera in his Budget 2019.

Accordingly, the Cabinet has approved the Amendment Draft Bills on Nation Building Tax and Value Added Tax (VAT).

The Finance Ministry said all the amendments, once drafted by the legal draftsman will be presented to Parliament for approval in September.

Source: lankabusinessonline.com

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