Never Miss us again

x
Subscribe
emailSubscribe to our News letters to get our regular updates to your email inbox...

Latest News and Feeds

Capital gains tax on Shares, A Crazy Move being rethought..

Capital gains – on again, off again! | The Sunday Times Sri Lanka: Stock market stakeholders can toast the decision to (re)-scrap the capital gains tax on Colombo Stock Exchange (CSE) transactions. �Sources close to the Finance Minister Ravi Karunanayake told the Business Times that the Treasury has decided to do away with the decision to impose capital gains on CSE transactions at the forthcoming budget with ministry officials also confirming this. �The government was oscillating on implementing this tax amidst acute displeasure by the industry and has now focused on the ‘right’ direction, an analyst said. Introduced after a hiatus of 29 years at the last budget, the rationale for this tax was to lure in the top 20 per cent who own 80 per cent of the capital in the country.

The industry was crying out against this tax saying that there is great uncertainty over the application of capital gains tax, including the rate, and its calculation was beyond cumbersome.
Capital gains tax on Shares, A Crazy Move being rethought..SocialTwist Tell-a-Friend

No comments:

Post a Comment

Labels

Government Servants in Sri Lanka (2) Lanka world Cup 1V (2) Rizana nafeek (2) Sanath Jayasuriya (2) 2 Kafir collission (1) 247 Mobitel (1) 247 ‘Doc Call’ service (1) Air force Kafir Video (1) Ajantha Mendis wedding (1) Angelo Mathews Bride (1) Angelo Mathews Wedding (1) Angelo Wedding (1) Architect 2011 (1) Arthur C Clarke (1) Assange (1) Aurveda (1) Ayurvedic Cancer Cure (1) Beggars (1) Bus strike 138 (1) CGF 2018 Bid (1) Chaminda Vaas (1) Cheap Tickets to Mattala (1) Chengdu J-20 (1) Chrissy Teigen and john legend (1) Climate change (1) Colombo (1) Crystal Thai (1) Dengue Deaths (1) Dengue myths (1) Duminda Silva (1) Duminda Silva recovery (1) Duminda latest condition (1) El Nino (1) Extinct Comb Duck - Nukta (1) Finale of Ranaviru Real Star 2 (1) Flight on Fire (1) Free Dongle (1) GCE AL Exam 2011 Final Z-Score Cut-Off Marks Released online www.ugc.ac.lk (1) GCE Advanced Level Exam 2011 results (1) Galle (1) Gampaha (1) Gampaha Kafir crash (1) Ganja (1) Gold Mines (1) Gypsies (1) H1N1 (1) H1N1 Vaccine complications (1) Heshani Angelo wedding ceremony (1) Heshani and Angelo Wedding Photos (1) Hindu Guru (1) Housemaids (1) Hybrid Vehicles (1) IPL (1) Jayasuriya (1) Kafir crash (1) Kafir crash SLAF (1) Kaluthara (1) Kandy (1) Katana Tourist City (1) Katchative Islet (1) Katunayake Airport - Colombo Highway (1) Kfir crash (1) LLRC (1) LTTE (1) LTTE ships (1) Lanka Air Force Kfir crash (1) Lanka Air force 60th anniversary (1) Lanka Dual citizens (1) Lanka Private Buses (1) Lankans in Italy (1) Leopards in sri lanka (1) Life Insurance (1) Matara (1) Michael Jackson death (1) Mini Skirt Ban (1) Mirissa (1) Mobile Phone and Accidents (1) Mobile phone cause harm (1) Mobile phone hazards (1) Mopeds (1) Ms. Upeksha Swarnamalee (1) Murunga Miracle Food Plant (1) Nafeek (1) Namal Rajapaksa (1) Nano (1) New sri lankan Notes (1) O / L 2011 results (1) Office365 (1) PIA (1) Paba (1) Paba Husband (1) Polkudu treatment (1) Pope Francis I sri lanka visit (1) Prabakaran (1) Railway Hotline (1) Rizana Plea (1) Ru Freeman's novel Salmallane (1) S-commerce (1) Sajith (1) Salman Khan -Asin Wedding (1) Salman and Asin (1) Sanath Jayasuriya and Chandi Perera bangalore in Hotel (1) Sanath Jayasuriya dates Chandi Perera (1) Sanath and Chani Perera in Bangalore Hotel pictures (1) Sangakkara (1) Saudi King (1) Saudi maid (1) Scotia Prince (1) Senehase Upahara (1) Shrimali crowned as Mrs. Asia (1) Sigiriya damsels (1) Sri Lanka Tele Medcine 247 (1) Sri Lanka cricket captain Angelo Mathews weds (1) TGTE (1) Tamil Nadu (1) Thalasemia Risk Areas (1) Thalassemia Carriers (1) Thilan Samaraweera (1) Upahara (1) Upahara Internet (1) Vaas (1) Vaiko (1) cannabis (1) colombo - India Ferry (1) decent dress code (1) doctor (1) doctor masturbating (1) drills (1) dugongs (1) global warming (1) grade v Schol exam 2013 results (1) korea (1) marijuana (1) mobile phone and cancer (1) mobile phone risk (1) mobile phones and health (1) muslim Girls watching Porn (1) new driving license rules (1) nude (1) nude underwear (1) office cloud (1) online www.ugc.ac.lk (1) online ms office (1) patient nude pictures (1) semi-nude pictures (1) television acctress postitution (1) ufo (1) video camera with doctor (1) warana kafir collide (1) water waste (1) wedding photos angelo (1) www.srilankaembassyrome.org (1)