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After the increase in VAT from January 01, 2024, the overall construction expenses have increased by 20%, Chairman of the National Construction Association of Sri Lanka M.D. Paul said.The post Construction expenses in Sri Lanka rise by 20% after VAT hike appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Supplementary (Category: Business)
- Sri Lanka government relieves Central Cultural Fund from VAT due (Category: Breaking News)
- Spending Cuts (Category: Business)
- Sri Lankan government takes action to minimize expenses in public sector (Category: Breaking News)
[…]The post Sri Lanka 2023: Bouquets & Brickbats appeared first on Colombo Telegraph.
- The Ultimate Betrayal; Ranil’s Last Hurrah! (Category: Breaking News)
- President RW’s Priority In 2023 (Category: Breaking News)
- Rise & Fall Of Nationalism In North & South (Category: Breaking News)
- India-Sri Lanka Economic Partnership & Ethnic Reconciliation (Category: Breaking News)
President Ranil Wickremesinghe emphasized that the nation cannot revert to a period marked by scarcity of fuel, lack of fertilizers, and economic collapse.
Sri Lanka President Ranil Wickremesinghe, issued an Extraordinary Gazette today (January 03) declaring the provision of several services in the country as essential services.The post Sri Lanka President issues gazette declaring several services as essential services appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka President signs gazette declaring several services as essential (Category: Breaking News)
- Health, electricity and petroleum gazetted as essential services in Sri Lanka (Category: Breaking News)
- Sri Lanka declares health, petroleum, and electricity services as essential (Category: Breaking News)
- Electricity and Fuel supply declared as essential services in Sri Lanka (Category: Breaking News)
A proposal to select a prospective investor for the first phase of the development of 61 fuel storage tanks in the Upper Tank area of the China Bay Harbour of Trincomalee was approved at the Cabinet meeting held on Monday (01 Jan.).
A new year has dawned, and a nightmare is unfolding for the public. It is a case of the people’s worst fears being realised. The implementation of the enhanced VAT (Value Added Tax) regime has had the same effect as a dam burst, in a manner of speaking. People are struggling to keep their heads […]
- Private bus men vow action (Category: Breaking News)
- Private bus operators won’t reduce fares (Category: Breaking News)
- Fuel prices reduced from midnight yesterday (Category: Breaking News)
- Private buses stage protest in Jaffna and Attacks carried out against CTB buses (Category: Breaking News)
By Shamindra Ferdinando Even after imposing 18 percent Value Added Tax (VAT) on fuel with effect from January 1, the government continued to charge Rs 50 on a litre of both petrol and diesel purportedly to recover losses incurred by the highly corrupt state owned Ceylon Petroleum Corporation (CPC
- Govt. increased fuel prices to please Sinopec – Trade unionist (Category: Breaking News)
- Govt. flayed for jacking up fuel prices despite Rs 120 bn profit since last Sept. (Category: Breaking News)
- VAT on fuel already subjected to several taxes unfair – SJB trade union wing (Category: Breaking News)
- SJB union boss says SL losing bunkering and lubricant markets to India, China (Category: Breaking News)
President Ranil Wickremesinghe today defended the revision of the Value Added Tax (VAT) which has already resulted in an increase in the price of gas and fuel. The President said that the Government’s commitment to a comprehensive program aimed at strengthening the country’s economy remains
- Oman Air decides to cancel flights to Colombo (Category: Breaking News)
- Sri Lankan investors invited to invest in Bangladesh (Category: Breaking News)
- JVP-led alliance invited for talks in Delhi for the first time (Category: Breaking News)
- Cabinet gives nod to establish investment zones in North (Category: Breaking News)
The Chairman of the National Transport Commission (NTC) Shashi Welgama says that despite the rise in fuel prices, there will be no corresponding increase in bus fares.
Gas and fuel prices have been increased in Sri Lanka with effect from today, 1st January. Litro said that the price of a 12.5 kg domestic gas cylinder has been increased by Rs. 685, the price of a 05 kg cylinder has been increased by Rs. 276 and the price of a 2.3 kg cylinder […]
- Fuel prices revised (Category: Breaking News)
- CPC, LIOC and Sinopec increase fuel prices (Category: Breaking News)
- Litro increases domestic gas prices (Category: Breaking News)
- Laugfs reduces the price of domestic gas (Category: Breaking News)
Fuel prices in Sri Lanka have been revised with effect from midnight on December 31, 2023.The post Sri Lanka revises fuel prices from December 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
- Sri Lanka increases fuel prices from August 31, 2023 (Category: Breaking News)
- Sri Lanka revises fuel prices from October 31, 2023 (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
The Ceylon Petroleum Corporation (Ceypetco) announced that fuel prices will be revised with effect from 5.00 a.m. today (January 01).
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