Sunday, August 26, 2018
A Proposal To The Government To Reduce The Gold Import Tax By 50 Percent
The National Gem and Jewelry Authority had proposed the government to reduce the Gold import tax by 50 percent from 15 percent to 7.5 percent in view of saving local Gold Industry according to the Authority.
As the Governmemt had increased the Gold Import tax from 4.5 percent to 15 percent recently to avoid gold Smuggling, a Gold shortage has been created in the county at present and Goldsmiths facing enormous difficulties in the industry the Authority has stated.
Due to the recent increase of the Gold Import Tax the Prices of Gold and Jewelry in the country too had been increased .
At present the Gold prices in the world market had been decreased.
Two Persons Were Critically Injured Due To A Road Accident
A Lorry Driver And his assistant have
been critically injured and hospitalized after the Lorry they were travelling in colliding with a bridge at Pudupudiyankulam area in Kangarayankulam ,Vavuniya and toppled over to a canal nearby with a part of a bridge.
The critically injured were admitted to Vavuniya General Hospital for treatment.
The Lorry which transported goods to Jaffna had toppled to the Canal as the driver had fallen a sleep while on the wheel it has been revealed.
The critically injured were admitted to Vavuniya General Hospital for treatment.
The Lorry which transported goods to Jaffna had toppled to the Canal as the driver had fallen a sleep while on the wheel it has been revealed.
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