Thursday, November 9, 2017

First Time In Sri Lanka A Carbon Tax Has Been Introduced Through The Budget

First time in Sri Lankan history a Carbon tax has been
introduced for the Passanger Buses,Cars and Motor Cycles which are less than five years old  through the Budget proposals-2018 presented to the Parliament by Finance Ministet Mangala Samaraweera yesterday (09) in view of protecting the enviornment from pollution.

Accordingly Rs.2.74 Carbon Tax will be imposed on a Passanger Bus  ,Rs.1.74 Tax on Motor Cars and 17 cents Tax on Motor Cycles daily and the funds received through this Tax will be utilized to protect enviornment according to the Minister Samaraweera.




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