The proposal made by the Minister of Finance to present the Finance (Draft) Bill in Parliament to amend the Finance Act, No.35 of 2018 to give effect to the amendments including the revenue proposals in the Budget for the amendment of the definition of 'Specified Motor Vehicle' for applicability of the luxury tax on motor vehicles excluding a passenger transport vehicle like a van, a single cab, a double cab, a motor cycle, a motor tricycle, three weelers, and motor lorries, tractors, hand tractors, a trailer for transport of goods, and a motor ambulance, a motor hearse and to levy on payment on foreign commercial transaction to be charged at the rate of 3.5% on credit or debit card payments made to purchase goods or services outside Sri Lanka, was approved by the Cabinet.