News

As the Industries Minister, I disagree with 15% tax – Handunnetti

Published

3 months ago

February 27, 2025

editor

Industries Minister Sunil Handuneththi has said he opposes the 15% tax on service exports from his perspective as the Industries Minister.

He had said this during a programme on the state TV – Sri Lanka Rupavahini Corporation (SLRC).

If a 15% tax is imposed on the dollar income and if this discourages the income earner from bringing that particular income to the country, it could become an issue, he said.

“Even though I oppose it… I see this from the perspective of the Industries Ministry and export revenue. However, the Finance Minister and Finance Ministry officials view it from a point of increasing tax revenue,” he said.

When asked about the government’s much hyped ‘integrated approach’, the minister admitted that such an approach doesn’t exist for every single process.

Acknowledging the contribution of digital entrepreneurs, Handuneththi stressed the need for further discussions on the matter.

"Even though I oppose it, I approach this as the Industries Minister" Industries Minister Sunil Handuneththi warned that the 15% tax on service exports could discourage businesses and impact the sector’s growth pic.twitter.com/08jq0aAiOK
— NewsWire 🇱🇰 (@NewsWireLK) February 27, 2025

Related News :

Dy. Minister clarifies 15% tax on service exports (Video)

Sajith & Dilith slam 15% Services Export Tax

News

Equipment given to non cricket playing schools in WP

Published

2 hours ago

June 6, 2025

editor

The Ministry of Youth and Sports today distributed cricket equipment to 30 selected schools in the Western Province that currently do not offer cricket.

The programme is done with the goal of ensuring that every child interested in cricket has the opportunity to pursue the sport, despite their economic status. It is also expected to be expanded to all districts in the future.

The distribution was held under the patronage of Deputy Minister of Sports Sugath Thilakaratne at the Ministry premises.

Officials from the Ministry, principals, teachers, and students from the selected schools participated in the event.

News

New Chief Secretary appointed to WP

Published

2 hours ago

June 6, 2025

editor

President Anura Kumara Disanayake has appointed Mr K.G.P. Pushpakumara as the Chief Secretary of the Western Province.

The official letter of appointment was handed over to Mr Pushpakumara today (June 06) at the Presidential Secretariat by Secretary to the President, Dr Nandika Sanath Kumanayake.

News

Bill to scrap MPs’ pensions, to be tabled in Parliament in July

Published

7 hours ago

June 6, 2025

editor

The government has decided to present a bill to abolish pensions for Members of Parliament at the upcoming Cabinet meeting.

Minister of Public Security and Parliamentary Affairs, Ananda Wijepala, stated that the bill has been finalized by the Legal Draftsman and is scheduled to be tabled in Parliament next month.

In addition, the Minister announced that the issuance of vehicle licenses to MPs has also been suspended, as part of broader efforts to reduce public expenditure and restore trust in political accountability.

(dailynews.lk)

(Except for the headline, this story, originally published by dailynews.lk has not been edited by SLM staff)