Import taxes
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Import taxes are an important part of an economy. They provide tax revenue, raw materials and products that directly affect the lives of people. However, a recent study has found that Sri Lanka’s import tax exemption schemes are too opaque,...
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Study finds Sri Lanka import tax exemption schemes prone to abuse
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Sri Lanka’s import tax exemption schemes are not transparent, subject to undue official discretion and prone to abuse, a study by the Verité Research think-tank has found. Called ‘Wading Through Murky Waters’, the think-tank said its findings were a case...
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Opaque import tax exemptions pave way for abuse: Report
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Sri Lanka’s import tax exemption schemes are too opaque, resulting in them being open to abuse and corruption, a case study by a prominent think tank has found, with decisions frequently subject to officials’ discretion as regulations are unavailable to...
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Study reveals SL’s import tax exemption schemes prone to abuse
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Sri Lanka’s import tax exemption schemes are prone to abuse as they lack predictability, efficiency and openness, a study by a Colombo-based think tank has revealed. The import taxes are a critical source of government revenue. Depending on the product,...
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More drug prices slashed: “Good” move or “rushed” move?
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By Kumudini Hettiarachchi Mixed are the reactions to Health Minister Dr. Rajitha Senaratne’s declaration this week that the prices of 15 more essential drugs are to be slashed with immediate effect. While the Pricing Committee of the National Medicines Regulatory...
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Bringing Sri Lanka’s traders one step closer to global market
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By Marcus Bartley Johns Sri Lanka’s traditional lacework famously known as Beeralu is slowly moving into the spotlight of the global fashion industry. Udeni, who is a traditional Beeralu lace maker from Galle, learned the technique from her mother and...
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Hindu group protests against Muslim teachers wearing abaya
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Protesters gathered outside the school to demand Muslim teachers stop wearing the abaya, a cloak worn by some women [Courtesy of M. I. M. Ifas] When a new staff member wore the robe to a school in Sri Lanka's northeast,...
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The case against anti-terrorism laws
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Jeyakumari Balendran, an activist campaigning for the whereabouts of missing persons in Sri Lanka, was detained by officers of the Terrorist Investigation Division (TID) in March 2014. Photo: Vikalpa | Groundviews | Maatram | CPA / Flickr Nearly a decade after...
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