Cabinet approval has been granted to increase Value-Added Tax (VAT) to 18 percent from the current 15 percent with effect from January 1, 2024, Cabinet Spokesperson Minister Bandula Gunawardana said this morning.
The Samagi Jana Balawegaya (SJB), which staged a protest against the recent remark made by Prime Minister Mahinda Rajapaksa on its Leader Sajith Premadasa and his wife not bearing children, said today this was an insult to all couples unable to bear children.
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