President to intervene in VAT changes


President Maithripala Sirisena has called a discussion regarding the recently introduced VAT concessions.

Officials at the Finance Ministry and businessmen are taking part in this meeting.

The VAT that remained at 11 per cent before was increased to 15 per cent on May 02.

The hike affected local businesses, and tradesmen in several areas protested against the government’s move.

Make a Comment
Make a Comment