LIRNEasia » Jatika Hela Urumaya party http://lirneasia.net a regional ICT policy and regulation think tank active across the Asia Pacific Fri, 25 May 2012 02:42:29 +0000 en hourly 1 Sri Lanka plans to tax mobiles more heavily http://lirneasia.net/2007/08/sri-lanka-plans-to-tax-mobiles-more-heavily/ http://lirneasia.net/2007/08/sri-lanka-plans-to-tax-mobiles-more-heavily/#comments Tue, 14 Aug 2007 14:50:12 +0000 Rohan Samarajiva http://www.lirneasia.net/2007/08/sri-lanka-plans-to-tax-mobiles-more-heavily/ The Sunday Lankadeepa of 12 August 2007 reports that the government has decided to raise the tax on mobile bills from 2.5% to 7.5% and also  institute a LKR 50 monthly tax on all SIMs.   These are special taxes that are levied over and above the standard VAT of 15%.

The recommendation was first made by the extremist Jatika Hela Urumaya party that is part of the governing coalition.  Another recommendation made by the JHU was that all major infrastructure projects be halted until the end of the war.  On one side, no government expenditures on vital infrastructures such as highways; on the other, taxes, that will slow down growth in the dynamic mobile sector that is being driven by private investment.

Pity.

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