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Fin. Min. on ‘out-of-the-box’ Budget:
Direct tax net to widen
More Sri Lankans will feel the pinch of direct
taxes in the long term as the government shifts tax policy, Finance
Minister Ravi Karunanayake says. Discussing the 2016 government
Budget due in Parliament this week, the Finance Minister told Sunday
Observer Business that, revenue policy in the long term,
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Unemployment rate lower in agricultural sector
Unemployment is lower in Sri Lanka’s
agricultural areas than in urbanised areas, according to labour
market surveys conducted by the Department of Census and Statistics.
There are less unemployed people in the predominantly agricultural
districts such as Moneragala, Badulla, according to the Department
of Census and Statistics.
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‘Pakistan now safe for trade and investment’
Pakistan which has re-bounced under Premier
Nawaz Sharif is now a safe place for trade and investment, Pakistan
Commerce Minister Khurram Dastgir Khan told the media during his
visit to Sri Lanka last week to boost bilateral trade and
investment.
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Budget 2016:
Tourism industry cautions against retrogressive taxes
The government should think twice about imposing
ad hoc taxes and increasing red tape through such measures, Harry
Jayawardena told the first meeting of the newly appointed Tourism
Advisory Board at the Ministry of Tourism Development and Christian
Religious Affairs.
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