Bring back your hidden money, PM tells businessmen

Wednesday, 18 November 2020 00:05 - - {{hitsCtrl.values.hits}}

Prime Minister and Finance Minister Mahinda Rajapaksa yesterday urged businessmen to bring back their allegedly “hidden money”.

During his presentation of 2021 Budget in Parliament, Rajapaksa went candid.

“I request from all entrepreneurs to utilise the funds hidden locally or internationally in order to evade laws relating to taxes and foreign exchange. It is expected to make legal provisions to provide a tax pardon to entrepreneurs thus utilising funds for any investment facilitated by this Budget under the payment of taxes amounting to 1%.”

2021 Budget support for capital markets; tax concession to promote new listings at CSE

Bourse gives early thumbs up for Budget 2021

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.