Regulations of the Carbon Tax to be amended
Posted by ONLANKA Newsroom on October 11, 2019 - 9:15 am
The government has decided to amend the basis of the Carbon Tax imposed on vehicles.
The Cabinet of Ministers approved a proposal tabled by Minister of Finance Mangala Samaraweera to direct relevant officials to introduce the new amendments.
The tax is being charged under the 2018 Financial Act under three categories – the first year of registration, engine capacity and type of fuel used.
The government directed attention towards amending the Carbon Tax owing to the difficulties in identifying the criteria and concerns raised by the public.
The Finance Ministry said amendments will be introduced in a manner that the use of fuel will help determine the Carbon Tax on vehicles.
(Source: News Radio)
Latest Headlines in Sri Lanka
- Sri Lanka Railways moves to restore coastal line services within hours of Sagarika derailment April 24, 2026
- CID records statement from Maithree Wickremesinghe April 24, 2026
- Johnston Fernando released on bail in Lanka Sathosa lorry case April 24, 2026
- Sri Lanka approves Rs. 1 Million fee for special vehicle numbers April 24, 2026
- Sri Lanka discusses proposed troop deployment to Haiti with UN officials April 24, 2026
