Min. Karunanayake elaborates on Budget 2016 at Colombo seminar

Min. Karunanayake elaborates on Budget 2016 at Colombo seminar

Min. Karunanayake elaborates on Budget 2016 at Colombo seminar

Written by Lahiru Fernando

23 Nov, 2015 | 7:51 pm

Speaking at a seminar on the  Budget 2016, held in Colombo on Monday, November 23, Minister Ravi Karunanayake stated that an emissions tax has not been imposed on three wheelers and motorcycles.

The Minister of Finance stated that the emissions tax will only apply to four-wheeled vehicles. He also stated that the price of goods increased as a result of import prices increasing due to the depreciation of the rupee.

The Minister added later that a decision had been made to expedite the granting of concessions to the people. He called on everyone to ensure that the concessions are granted to the innocent consumers immediately.

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