ECONOMYNEXT – Sri Lanka has presented a budget without tax new shocks, maintain tax stability, Minister of Labour and Deputy Minister of Finance and Planning Anil Jayantha Fernando said delivering the closing speech at the budget debate. “The budget used to be a magic box where people expected benefits and others were looking at new taxes, Minister Fernando said. “We did not put any new taxes to squeeze people’s necks further. We are instead making the tax system more efficient, improving tax compliance. We are using technology to widen the tax net. As a result, the state revenues are going…
Sri Lanka budget without new tax shocks : Deputy Minister of Finance
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