Emission levy will not be charged from bikes and trishaws: Ravi
Posted by Editor on November 23, 2015 - 3:42 pm
A Rs. 5,000 annual emissions tax will only be charged from vehicles with more than four wheels, Finance Minister Ravi Karunanayake says.
He made the observation at the Parliament this afternoon (23).
“Thus, proposed Rs. 5,000 emission levy will not be charged from bikes and trishaws,” he added.
The government hopes to earn 18 billion rupees a year from the annual emissions tax on vehicles, which will be collected with the annual revenue license.
(Ada Derana)
Latest Headlines in Sri Lanka
- Sri Lanka advances economic reforms as IMF review approaches October 25, 2024
- Tension at Pamunugama Police Station over alleged assault on arrested youths October 25, 2024
- Three Chinese nationals arrested in Galle for suspected online financial fraud October 25, 2024
- INSS hosts lecture on military innovations and their impact on national security October 25, 2024
- Sri Lanka arrests three over security threats against Israeli tourists October 24, 2024
So many mistakes in the budget.
He will realize after giving it out. Never done anytime a budget without any issues.
Good for all
Vehicles with more than four wheels? That means only a few lorries and big buses would be taxed for emission. Maybe he means cars with four wheels and the spare wheel would be taxed. It sounds funny.