Tax cut on trucks, motorbikes; 10% telecom levy on data removed


Mangala_27_01_2017

The 10% telecommunications levy imposed on data will be removed from September 1. Customs duty on small trucks have been reduced by Rs.300,000 while the duty on motorcycles (less than 150 cc) has been reduced by 90% from midnight today, the Finance Ministry announced.

Finance Minister Mangala Samaraweera told the media that the data capacity would be increased by 10 per cent.

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