Money Minded

The Treasury Secretary says Sri Lanka’s national budget for 2005 is geared to generate funds internally without waiting for donor assistance.
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The Treasury Secretary says Sri Lanka’s national budget for 2005 is geared to generate funds internally without waiting for donor assistance. “If donor assistance fits into our development strategy, we take it. But if we can consider better ways, we do that – and the best way is taxation,” said Secretary to the Treasury on Friday, the day after the UPFA government’s budget presentation in Parliament.
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Tax Goodies The changes to the VAT structure will replace the previous two VAT schedules – the 15 percent VAT and the exemption schedule – with five. PREVIOUS ARTICLE Little Tweaks NEXT ARTICLE The government plans to divest remaining shares it holds in listed hospitality stocks, and tinker with taxes to encourage the growth of the capital market 0 0 votes Article Rating Subscribe Login Notify of new follow-up commentsnew replies to my comments Label {} [+] Name* Email* Website Δ Label {} [+] Name* Email* Website Δ 0 Comments Oldest Newest Most Voted Inline Feedbacks View all comments wpDiscuz Insert