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

» PLAYERS PICK OF THE DAY
by sanjulanka Today at 7:10 am

» MARKET CRASH - GUARANTEED
by ruwan326 Yesterday at 9:05 pm

» Bathbala Balaya...
by DS Wijesinghe Yesterday at 7:26 pm

» Are you happy now? ඔබට සතුටුයිද දැන් ?
by DS Wijesinghe Yesterday at 6:54 pm

» Central Bank will intervene if rupee moves on speculation – official
by Miss-Sangeetha Yesterday at 4:09 pm

» MAHINDA RAJAPAKSHA 'S FUTURISTIC LEADERSHIP PAYS RICH DIVIDENDS
by DS Wijesinghe Yesterday at 8:08 am

» CSE WEEKLY
by ruwan326 Sat Sep 22, 2018 7:02 pm

» රජයට කෘත්‍රිමව රුපියල පාලනය කළ හැකිද?
by samaritan Sat Sep 22, 2018 2:50 pm

» DOLLAR MOVING UP UP
by samaritan Sat Sep 22, 2018 10:30 am

» Maharaja from Rajasthan
by ruwan326 Sat Sep 22, 2018 9:29 am

» Weekly Stock Market Roundup
by Insights Equity Fri Sep 21, 2018 10:40 pm

» MARKET CRASH - NOT GUARANTEED
by DS Wijesinghe Fri Sep 21, 2018 10:17 pm

» Summary of Key Announcements during the week 10 August 2018
by ruwan326 Fri Sep 21, 2018 7:32 pm

» Daily Foreign Transactions
by ruwan326 Fri Sep 21, 2018 7:30 pm

» Daily Stock Market Update
by Insights Equity Fri Sep 21, 2018 7:11 pm

» ඩොලරය රු. 170 යි
by samaritan Fri Sep 21, 2018 3:44 pm

» WHY SRI LANKAN CAN NOT DO THIS
by Chanuque Fri Sep 21, 2018 6:24 am

» Time has come to reverse 70 years history
by ruwan326 Thu Sep 20, 2018 7:22 pm

» Gold climbs as dollar weakens on U.S.-China trade dispute
by Miss-Sangeetha Thu Sep 20, 2018 3:39 pm

» BLI Shares
by EGG Thu Sep 20, 2018 2:03 pm

» Banking shares Value picks for long term
by jayathu Thu Sep 20, 2018 1:32 pm

» UAL - Going down now?
by ruwan326 Wed Sep 19, 2018 9:47 pm

» Quality Management Systems
by lenny123 Wed Sep 19, 2018 10:54 am

» ASI MAY GO DOWN TO 5950
by Ahcha Wed Sep 19, 2018 9:43 am

» Clarification on the Erroneous Report regarding Sri Lanka issued by Nomura Holdings Inc.
by ruwan326 Wed Sep 19, 2018 8:59 am

» Invest on valuable metal
by Supunnawarathna Tue Sep 18, 2018 7:54 pm

» Market going down today?
by ruwan326 Tue Sep 18, 2018 12:00 pm

» SFL COLLECTION GOING ON....??????????
by sanjulanka Tue Sep 18, 2018 9:11 am

» ANILANA MANDATORY OFFER
by ruwan326 Mon Sep 17, 2018 7:52 pm

» Treasury to take over key role of Central Bank
by ruwan326 Mon Sep 17, 2018 6:45 am

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