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tax

In Srilanka
September 12, 2017 9:21 am gmt |
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1041
Sri Lanka is still a tax heaven for investors and tax payers, said State Minister of Finance, Eran Wickramaratne. Speaking at the Ceylon Chamber of Commerce hosted seminar on the newly passed ‘Inland Revenue Act’ yesterday he said that the personal tax which is 24% in Sri Lanka is 30% in Bangladesh a...
In Colombo
August 30, 2017 10:55 am gmt |
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1047
Prime Minister Ranil Wickremesinghe yesterday assured that the government will come up with some tax concessions next month. The Premier made this statement at a ceremony organized by the ministry of housing to distribute housing loans to 1100 families in the Colombo District at Temple Trees last eve...
In Srilanka
August 17, 2017 12:16 pm gmt |
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1036
The Finance Ministry today announced some tax on duty concessions, during a press conference at the Finance Ministry. Finance Minister Mangala Samaraweera said the 10 percent Telecommunications Regulatory Commission (TRC) levy imposed on internet services will be removed from September. The Finance M...
In Business
October 12, 2015 1:11 pm gmt |
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1189
Social network giant Facebook paid just £4,327 ($6,643) in corporation tax in 2014, its latest UK results show. Its most recent Companies House filing shows the company as making a pre-tax loss of £28.5m last year, but the firm also paid its 362 UK staff a total of £35.4m in share bonuses. The share ...
In Europe
July 11, 2015 3:57 am gmt |
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1245
Prime Minister Alexis Tsipras defended the painful bailout proposals his leftwing government presented to parliament in the early hours of Saturday (July 11) morning, saying they were difficult measures but would help keep Greece in the euro zone. Arguing that the mix of tax hikes and spending cuts w...
In Britain
July 4, 2015 6:42 am gmt |
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1171
Chancellor George Osborne’s Budget is to confirm the end of inheritance tax on family homes worth up to £1m. He is expected to tell MPs on Wednesday that the threshold at which the tax is levied will rise for couples from £650,000 after April 2017. Writing in The Times, PM David Cameron and Mr ...
In Business
May 31, 2015 7:09 am gmt |
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1104
A look at some of the key services that will attract higher tax and hence become costlier.Be prepared to shell out more from Monday while using mobiles, eating out and travelling as the service tax rate goes up to 14 per cent. Finance Minister Arun Jaitley had proposed to raise service tax from 12.36...
In Business
May 2, 2015 8:40 am gmt |
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1167
HM Revenue and Customs is facing legal action over its failure to prosecute hundreds of British customers who used HSBC’s Swiss bank to evade tax. Online campaign group Avaaz, which claims 40 million members worldwide, has initiated judicial review proceedings against the UK tax office over its decis...