What happens to Sri Lanka’s vehicle market after the budget? – VIDEO

November, 17, 2016

While joining Ada Derana Biz 24x7 for an interview, Lanka Vehicle Importers’ Association chairman Indika Sampath Merinchige said that he gained an opportunity to his views when the 2017 budget proposals were being prepared and that the Finance Minister has taken his views and proposals when preparing the budget.

Accordingly, through this budget a tax reduction has been affected on vans, passenger vans, crew cabs, lorries etc said Merinchige and added that the request for the tax on value be abolished while retaining the unit tax for electric cars has been taken into consideration in this budget.