Taxes Of Leasing Lands in Sri Lanka to Foreigners Will Be Removed -Finance Minister Ravi Karunanayake

Finance Minister Ravi Karunanayake had suggested through today's Budget Proposals  to remove the Taxes imposed on Foreigners for leasing lands in Sri Lankan Soil.

Tax Exemptions will be afforded for new direct foreign investments according to Finance Minister.

The Finance Minister has also suggested to allocate Rs.10 Billion for Digital Identity Card Scheme due to be implemented for all Sri Lankan Citizens from next year.