*A Certified Price is set for a Killo Of Rice as Rs.65 (Keeri Samba-Rs.50, Samba-Rs.41,Nadu-Rs.38)*The Price Of 400 Grammes Pack of Locally Manufactured Milk Powder reduced by Rs.30(From Rs.325 to Rs.295)
consession
*Two Year tax relief for Rubber Industry
*Rs.One Million Insurance Scheme for local fishermen
*Ra.750 Million allocated for upgrading fisheries harbors
*Fifty Licenses to be issued to Gold Importers to import Gold sans import duty(no one will allow to import Gold without such license)
*The income tax of Micro,Small and Medium Entrepreneurs to be reduced by 50% for first five years with effect from 01st Of April 2016
Says Finance Minister Ravi Karuananayake by presenting the 2016 Annual Budget Proposals to the Parliament short while ago.
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