President intends to exempt school essentials, medicines, and medical equipment from VAT
Posted by Editor on March 6, 2024 - 11:21 am
Sri Lankan President Ranil Wickremesinghe, in a special statement delivered in parliament today (March 06), unveiled the government’s intention to decrease the Value-Added Tax (VAT) in the near future.
He further elaborated that this initiative includes exempting school exercise books, stationery items, medicines, and medical equipment from VAT.
President Wickremesinghe arrived at the parliament complex this morning (March 06) to update the House on Sri Lanka’s economic recovery process.
Latest Headlines in Sri Lanka
- Wasantha Handapangoda passes away December 25, 2024
- PM Harini Amarasuriya calls for togetherness, gratitude, and peace this Christmas December 25, 2024
- Sri Lanka President’s Christmas message calls for unity and peace December 25, 2024
- Cabinet approves relief for Sri Lanka’s flood-damaged agriculture December 24, 2024
- Priya Suriyasena passes away December 24, 2024
