Monday, October 24, 2022

Government To Increase The Anuual Taxes Of Casinos And Betting Centers

 Government is planning to revise the Casino and Betting center Act in view of increasing t he taxes imposed on Casinos and Betting centers according to the State Minister Of Finance Ranjith Siyamabalapitiya .Tax increase stamp Royalty Free Vector Image - VectorStock

Government has increased the  Rs.200 million annual tax imposed on Casinos to Rs.500 million  with effect from 01st of August this year Minister has stated .Besides this Government is planning to introduce a high registration fee for all the Casinos functioning in the country and to charge US Dollars 200 as a entree fee from Sri Lankans it has been announced ,

Meanwhile Government has increased the annual tax imposed on Betting centers from Rs.600,000 to Rs.1 million

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Twenty One Member Cabinet Of The New Govt. Assumed. duties Today(19)

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