The budget proposals for 2016 were presented in Parliament today, focusing on simplifying the tax and regulatory environment and moving to a low tax regime.
This publication has been compiled on a high-level review of the proposals in the limited time available to us. We may also emphasize that these proposals need to be enacted by Parliament for legal enforcement.
The Budget 2016 presented by Finance Minister Ravi Karunanayake took the form of a road map for economic reforms coupled with concessions for certain sectors. In a marathon Budget speech lasting for more than four hours, he provided a few bonanzas to the public sector while proposing a Rs.2,500 salary increase to private sector employees, who were not paid the salary increase proposed in the previous Budget. The price of a 12.5 kg domestic gas cylinder was reduced by Rs.150 while the price of a litre of Kerosene was reduced by Rs.10.
Ever since James Taylor planted the first 19 acres of Tea in Kandy, the phrase “Ceylon Tea” has become synonymous with our beautiful island.
Tea has in it elements that make it a natural anti-oxidant. It is also a refreshing beverage that may be drunk hot or iced and now comes in many natural flavours. “Eternity” brings to you some of the finest tea from the choice gardens of Sri Lanka.
Vista Capital associate company Soraya Jewelry focused at Gem & Jewelry exports ranging from Silver to Platinum handmade jewellery by master class craftsmen in Sri Lanka.
The Company is headed by the Marketing Director of the group Soraya Cader who has taken the heritage family business in to the 21 st century. Her passionate love of gem & jewelry makes her a unique and outstanding jewelry designer in Sri Lanka.
Sri Lanka is a country with everything a tourist could possibly want. It has mile upon unbroken mile of pristine tropical beach for sun seekers, or verdant tea plantations for those who prefer chillier climes. Wildlife can be viewed up close and personal in scores of national parks, or spotted simply wandering at will through jungle and across paddy fields
The country is also replete with history. Some eight World Heritage sites conserve its ancient Buddhist, Hindu, and Islamic traditions, not to mention its more recent Colonial heritage.
Employees of the Vista capital Group along with members of its Associate company Ceylon Oceanic Fortune Ltd would like to wish its Deputy Chairman Former Minister Hon Feliex Perera a speedy recovery after his successful surgery undergone in Singapore.