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Tax on imported potatoes revised
The Government has decided to revise special commodity levy on imported potatoes in order to ensure a better and reasonable price for local farmers who are engaged in potato cultivation.Accordingly, special commodity levy charged per kilo of imported potatoes has been increased from Rs.15 to Rs.25
The Government provides seeds and fertilizer to the farmers in order to boost local agrarian products. Particularly, high import taxes are imposed on products such as Chilli, Cowpea, Green gram, Peanut, Sugar, Kurakkan which are locally produced to ensure a high price for the production of local farmers. Consequently, the country is self - sufficient in some of these products, such as rice and Maize and currently, local farmers are able to supply their production to meet 50% of the consumption requirement of the country
5th Sri Lanka – China Joint Committee on Trade and Economic Cooperation
5th Joint Committee meeting on Trade and Economic Cooperation between Sri Lanka and China was held in Colombo, Sri Lanka on 24th April 2013. The two parties conducted fruitful discussions on the promotion of trade, tourism and investment between the two counties. An agreement on Economic and Technical Cooperation for USD 16 million and a Loan Agreement on Provision of Concessional Loan of USD 147 million by China to Sri Lanka for Hambantota Port Development Phase I Project for Ancillary Works and Supply of Equipment were signed between the two countries.
Revision of Excise duty on Ethyl Alcohol
The Excise Duty on Spirits (Ethyl Alcohol) has been revised with effect from 03rd April 2013. The new rates have been published in Extraordinary Gazette notification No. 1804/16 dated 03.04.2013. Read more...
Issuing Motor Vehicle Permits on Concessionary Terms
The authority vested to the Secretaries of Ministries/Chief Secretaries of the Provincial Councils, to issue motor vehicle permits for the importation of motor vehicles on concssionary terms, by public Officials/Officials of the Public Enterprises, under the provisions of Trade and Investment Policy Circular No. 1/2010. Circular
Rs. 3,749 million Grant from the Government of Japan for implementing four Projects
The Government of Japan has agreed to provide grant assistance amounting to Rs. 3,749 million for implementation of four projects by considering the request made by the Government of Sri Lanka with the objective of promote socio economic development of Sri Lanka while strengthening quality of sectors: Fisheries Industry, Highways and Health. This grant assistance is provided under Japanese Annual Grant Aid Schemes including General Grant Aid, Technical Cooperation and Non Project Grant Aid for the following projects. Read more ...
Mattala Rajapaksa International Airport Opens
Adding a new leaf to the aviation history of Sri Lanka, Mattala Rajapaksa International Airport is declared open on 18.03.2013 under the patronage of His Excellency the President Mahinda Rajapaksa.A massive Aircraft such as A 380 could land to this Airport which consists of a 3,500 meter long and 75 meter wide runway
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Latest Circulars
Advance the Salary Date for Public Officers for the month of May, 2013 - TOD-04-2012(i) - 17.05.2013 Introduction of Bank Pre-paid Card System for Payments in Public Institutions - PFD/02/2013 - 31/01/2013 Authorization for Incurring Expenditure for 2013 and Public Expenditure Management - NBC-157(i) - 31.01.2013 Retirement age of the employees in Public Enterprises - PED-01-2013 - 15-01-2013 Authorization for Incurring Expenditure for 2013 and Public Expenditure Management - NBC-157 - 28.12.2012 Statement of Arrears of Revenue - 31.12.2012 - TOD-07-2012 - 31.12.2012 Revenue Account of the year 2012 - SAD-228-2012 - 20-12-2012 Transmission of Accounting Data Through Monthly Summaries of Accounts to the Department of State Accounts during the year 2013 - SAD-229-2012 - 20-12-2012 Circular for Increasing Allowances was issued as per Budget Proposals 2013 - msd-2012-48 - 2012-12-10 Appropriation Account - 2012 - SAD-227-2012 - 26-11-2012 Determination of Imprest Limits for Expenditure to be incurred under the Provision made in the Budget Estimates 2013 - TOD-06-2012 - 28.11.2012 Closing of Cash Books for 2011 and Settlement of Imprest Accounts Closing of Cash Books for 2012 and Settlement of Imprest Accounts - TOD-05-2012 - 20.11.2012 Closing of Accounts for the Financial Year - 2012 - SAD-226-2012 - 09-11-2012 Providing Official Vehicles to Government Officials - 08.10.2012 Payment of salaries, Salary advances and pensions for the year 2013 - TOD-04-2012 - 24.10.2012 Payment of research allowances according to the budget proposal 2011 - msd-2012-45 (I) - 2012-10-10 Payment of salary 2012 August in advance on account of Ramasan festival due on 19th August 2012 - TOD-03-2012 - 07.08.2012 Statement of Arrears of Revenue-30.06.2012 Revenue estimates for year 2013 - TOD-01-2012 - 08.06.2012 Collecting information of the Officers who had been included to the Computer Program of the Government - Payroll System (GPS)-SAD-223-2012-31-05-2012 Guidlines for Internal Auditing in a Computerized Information System(CIS)Enviroment-DMA/07-13.01.2012 Management of Fuel/Electricity Expenditure-NBC-156-16.02.2012 Authorization for Incurring Expenditure for 2012 and Public Expenditure Management-NBC-155-2011-30.12.2011 Statement of Arrears of Revenue-31.12.2011-tod-05-2011-30.12.2011 Payment of bonus to employees of Government Corporations and Fully Owned Government Companies for the year 2011-msd-2011-47-2011-12-22 Circular for increasing allowances was issued as per Budget Proposals 2012-msd-2011-46-2011-12-12 Transmission of Accounting Data through Monthly Summaries of Accounts to the Department of State Accounts during the Year 2012 Payment of Salary for the Month of December in advance on account of Christmas Festival on 25th December 2011 Revenue Accounts for the Year - 2011 Appropriation Accounts - 2011 Determination of Imprest Limits for Expenditure to be incurred under the Provision made in the Budget Estimates 2012 Closing of Accounts for the Financial Year - 2011 The Payment of Allowances-State Enterprices/Entities-ped-58(2)-2011-09-15 "Deyatakirula" National Development Programme and Exhibition Oyamaduwa-Anuradhapura-2012 Categorization of State Owned Enterprises and Payment of Allowances to Board of Directors-PED-58(I)-2011-2011-06-27 Age of Retirement of Employees in the Public Enterprises-PED-60-2011-2011-04-29 Payment of Research Allowance as per budget Proposal 2011--msd-2011-44(i)2011-03-15 Payment of Research Allowance as per budget Proposal 2011-msd-2011-44-211-03-10 Miscellaneous Revenue Estimates for Year 2012 and Arreares of Revenue as at 30.06.2011-TOD-2011-01 
Dr. P.B. Jayasundera, Secretary to the Treasury Delivered the keynote address at the 2013 Budget Seminar organized by the Daily Ft Newspaper
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21-05-2013
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