State sector employees will receive a 50-70 percent import duty reduction on brand new vehicles up to USD 25,000 or equal in value.
The tax reduction will be in effect as of December 15. The maximum capacity for imported petrol vehicles and diesel vehicles will be 2000CC and 2600CC respectively in order to be eligible for this concession.
The proposed tax cuts to be effective from December 15, 2010 are for state sector officials who have served in a senior position for over six years.
Military officers above the ranks of lieutenant colonel, commander and wing commander are entitled to the tax concession.
Professionals attached to the armed forces such as engineers, lawyers, doctors and accountants are also eligible, according to the circular obtained by lbr.lk, our sister news website.
Senior university academics with 12 years services are also eligible to the permit.
The proposed tax cuts to be effective from December 15, 2010 are for state sector officials who have served in a senior position for over six years.
Military officers above the ranks of lieutenant colonel, commander and wing commander are entitled to the tax concession.
Professionals attached to the armed forces such as engineers, lawyers, doctors and accountants are also eligible, according to the circular obtained by lbr.lk, our sister news website.
Senior university academics with 12 years services are also eligible to the permit.
No comments:
Post a Comment