2021 Budget Proposal Sri Lanka
Sri lanka government gazette 20 11 2020 2021 budget proposal sri lanka sri lanka government gazette 13 11 2020 sri lanka government gazette 06 11 2020 sri lanka government gazette 30 10 2020 g c e.
2021 budget proposal sri lanka. This includes proposals made with the view of enhancing the welfare of public servants small and medium scale entrepreneurs youth dairy farmers and students. The sec sees this proposal as a huge boost to setting up of reits in the country dayaratne said in a statement.
Since the last time you logged in our privacy. Read a november 2020 report pdf 158 mb prepared by the kpmg member firm in sri lanka the kpmg logo and name are trademarks of kpmg international. Thus the proceedings of the budget 2021 which started on november 17th2020 ended today.
In addition to promote new listings of local companies on the colombo stock exchange cse the government has put forward certain key proposals such as a 50 tax concession for the years 2021 2022 for companies that are listed before 31 december 2021. 2021 budget proposals are in effect from today the government has decided to implement several proposals presented under the 2021 budget with effect from the day of passing of the budget. Pwc sri lanka hosted a virtual discussion on the 17 november 2020 at 08 30 pm with our subject matter experts and guest speakers to guide you through the proposals providing you with insights on how it will impact our economic.
The 2021 budget proposes that the vat rate change to 8 would be maintained consistently during the next five years except for banking finance and insurance sectors. Click anywhere on the bar to resend verification email. Reduce the tax imposed on their dividends by 25 percent in 2021 and 50 percent in 2023 under the condition that they increase their exports by 30 percent and 50 percent in the respective.
Please note that your account has not been verified unverified account will be deleted 48 hours after initial registration. The budget for the year 2021 presented by the prime minister and finance minister proposes a number of relief measures to boost the local economy.