VATupdate

Share this post on

Sri Lanka to increase VAT to 12 percent, telecom levy to 15 percent

Sri Lanka Prime Minister and Minister of Finance Ranil Wickremesinghe has proposed an increase in value added tax (VAT) from 8 percent to 12 percent and a hike in the telecommunication levy from 11.25 percent to 15 percent with immediate effect, the prime minister’s office said.

Source: economynext.com

Sponsors:

VAT news

Advertisements: