Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» When will Hotels go up?
by lakshanbandara Yesterday at 7:18 pm

» CALF doubled price genuine?
by lakshanbandara Yesterday at 5:07 am

» What do you think about Browns Group Reforms: BRWN, BIL & FLCH ?
by MoneyLover Fri May 25, 2018 10:30 pm

» ALHP WILL MOVE UP SOON
by wisdom79 Fri May 25, 2018 8:14 pm

» FUTURE GEMS.....
by kalifrahim Fri May 25, 2018 1:41 pm

» AAF.N0000 will move up soon
by kalifrahim Fri May 25, 2018 1:40 pm

» AAF.N0000 will move up soon
by kalifrahim Fri May 25, 2018 1:38 pm

» Ranel T. Wijesinha appointed to SEC as Chairman
by Harry82 Thu May 24, 2018 10:15 pm

» SINGHE HOSPITALS- GEM OR DIAMOND?
by reyaz Thu May 24, 2018 2:48 pm

» Bridge Loans & Hard Money Financing
by reyaz Thu May 24, 2018 2:38 pm

» Provider of BG,SBLC.MT103,MT799,MT760
by kimsungnyon2020 Wed May 23, 2018 11:14 pm

» We Provide of BG,SBLC,Discounting
by kimsungnyon2020 Wed May 23, 2018 11:12 pm

» BG / SBLC / LC / DLC / MTN ETC AVAILABLE
by kimsungnyon2020 Wed May 23, 2018 11:10 pm

» Your thoughts about GREG.N and SPEN.N
by shihan 93 Wed May 23, 2018 6:04 pm

» HVA 50 cents profit for the year NAV 8.50 market 6.60 Good potential to go up
by anges Mon May 21, 2018 7:11 pm

» SFIN going up
by worthiness Sat May 19, 2018 9:36 pm

» VFIN Share
by worthiness Sat May 19, 2018 9:30 pm

» Short Sell instead of Bill and Bond
by lakshanbandara Fri May 18, 2018 5:07 pm

» janashakthi shares
by DS Wijesinghe Fri May 18, 2018 1:48 pm

» Will CRL.N000 rise?
by ravindu93 Thu May 17, 2018 1:29 pm

» JINS Share Repurchase
by Ranil Ranasinghe Wed May 16, 2018 10:03 pm

» No news from LAUGFS GAS (LGL). for more than one month??
by gdid Wed May 16, 2018 9:26 pm

» LLUB - TRADING @ 2008 PRICE LEVELS
by reyaz Wed May 16, 2018 5:17 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market News » Budget 2017 – Taxes raised on smaller cars & three wheelers

Budget 2017 – Taxes raised on smaller cars & three wheelers

Go down  Message [Page 1 of 1]

Park Road

avatar
Stock Trader
The Finance ministry has revised the tax rates on vehicles making smaller cars and three wheelers more expensive while lowering the price of electric cars which are already heavily subsidised.
Finance minister Ravi Karunanayake reduced the tax on electric cars (less than 99 kilo watt) to a tax rate of 40 per cent, down from 50 per cent of CIF (cost, insurance and freight) earlier.
However, the unit rate of gasoline-powered cars with an engine capacity of less than 1,000 cc was increased from LKR 1,500 for every cubic centimetre to LKR 1,750, an increase of LKR 250 for every CC.
Dealer said low-end Indian-made cars could go up by as much as LKR 200,000. However, car dealers had lowered their retail prices by up to LKR 200,000 just before the budget anticipating a tariff reduction.
This means the price of smaller cars will remain the same, but the state will mop up the reduction in the retail price announced by dealers last week.
- See more at: https://autodirect.lk/budget-2017-taxes-raised-smaller-cars-three-wheelers/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum