revenue

Budget Fails to set up Stable Fiscal Regime – Verite Research

by |12 December 202121 December 2021|Verité in the News

Published on Sunday Observer The 2022 Budget fails to set up a stable fiscal regime pledged by the Government early last year by proposing substantial reforms to major taxes, stated a public report on the Budget 2022 by Verite Research...

Verite Research Recommends Indexation Policy for Cigarette Taxing

by |06 November 202115 November 2021|Verité in the News

Published on Ceylon Today To reduce Cigarette consumption, while also increasing State revenue and maintaining profit for the Tobacco Company, a study by Verite Research recommends an optimal tax policy which could be indexed to inflation and real GDP growth,...

Sub-optimal Tobacco Tax Policy Loses Rs. 20 B Revenue – Verite Research

by |05 November 202115 November 2021|Verité in the News

Published on Ceylon Today Sri Lanka currently loses an estimated Rs. 20 billion in revenue due to the sub-optimal nature of the country’s tobacco tax policy, says Verite Research. During a webinar it has organized, the research institute and think-tank...

Verité Moots 8 – 10% VAT for % and 2022

by |15 October 202101 November 2021|Verité in the News

Published on The Morning Advises to increase to 10-12% in 2023, 12-15% in 2024 Proposes to increase to increase(sic) excise tax on cigarettes and alcohol Makes more tax proposals on raising govt. revenue In view of the upcoming Budget 2022,...

Verité Research launches first phase of a new public finance platform

by |11 June 202011 June 2020|Verité in the News

Taken from - DailyFT Verité Research has launched the first phase of publicfinance.lk, an online platform that will eventually be a one-stop-shop for all public finance related information in Sri Lanka. The beta version features initial insights and analyses on...