Aug 17 2017 August 17, 2017 July 3, 2023 NoComment

TRC Levy Removed, Duty on Vehicles Reduced

Posted by Editor on August 17, 2017 - 4:12 pm

Tax

The Finance Ministry announced today that it would remove 10% TRC levy on Internet Services.

It said that in response, service providers had agreed to increase data by 10%.

Meanwhile, the Finance Ministry also said it would reduced excise duty on motorcycles less than 150 cc by 90%.

Excise duty on lorries and single cabs by Rs. 300, 000, the Finance Ministry said.

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