Wednesday, April 18, 2018

Government Has Imposed An Import Tariff On Gold For The First Time

Image result for gold
Government has decided to impose a 15% import tariff  on the  Gold import to Sri Lanka with effect from midnight yesterday(17) according to the Ministry Of Finance.

This is the first time that the Government had imposed a tariff on Imported Gold as up to now the Gold has considered as Tax free item.

Due to the new tariff imposed ,the Gold Prices are expected to rise it has been reported.

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A Sudden Fire Erupted In A Tyre Shop At Armour Street

A sudden fire has broken out at a tyre shop near Armour street in Grandpass this evening (29) causing severe traffic congestion in the area....