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Interim Budget points 2015
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<blockquote data-quote="DXD" data-source="post: 17813951" data-attributes="member: 164550"><p><strong><span style="color: red">[FONT=&quot]5: 39[/FONT]</span></strong>[FONT=&quot] - Prohibition imposed on Ministries and state institutions from publishing promotional newspapaper advertisements</p><p><strong><span style="color: red">15: 32</span></strong> - Special committee to be set up ro resolve issues caused by irregular finance bodies within six months</p><p><strong><span style="color: red">15: 32</span></strong> - Public transportation costs to reduce by 50% for senior citizens</p><p></p><p><strong><span style="color: red">5: 31</span></strong> - Every citizen to have a bank account - can be opened in commercial banks with an initial deposit of Rs. 250</p><p></p><p><strong><span style="color: red">15: 28</span></strong> : Sri Lankan Airlines and Mihin Lanka to be merged to reduced the losses</p><p><strong><span style="color: red">15: 28</span></strong> - Sri Lankan Airlines and Mihin Airlines have incurred heavy losses - within five years over Rs. 100 billion due to management inefficiencies/ Mihin Air Rs.15 billion during the past five years.</p><p></p><p><strong><span style="color: red">15: 26</span></strong> - Dahami Diriya for Sunday school teachers - a monthly sum of Rs. 200 to be paid</p><p><strong><span style="color: red">15: 25</span></strong> - Rs. 250 monthly allowance to be paid to pre-school teachers</p><p><strong><span style="color: red">15: 25</span></strong> - Mahapola scholarship fee to be increased up to Rs. 5000</p><p><strong><span style="color: red">15:23</span></strong> - Special facilities for disabled war heroes - special loan scheme named Viru Diriya to be introduced in state banks/ maximum borrowing Rs. 500,000</p><p></p><p><strong><span style="color: red">15:21</span></strong> - Rs. 1.5 million permit fee will be charged from vehicle importers (irrelevant of whether the imported vehicles are brand new/reconditioned)</p><p></p><p><strong><span style="color: red">15:17</span></strong> - The government has waived off the 25% tax paid by customers when reloading phones</p><p><strong><span style="color: red">15: 17</span></strong> - Rs. 1000 million tax imposed on television stations dedicated to sports</p><p><strong><span style="color: red">15: 15</span></strong>- Onetime tax of Rs. 250 million to be paid by mobile phone operators </p><p><strong><span style="color: red">15: 15</span></strong>- Onetime tax of Rs. 250 million to be paid by telecommunication providers</p><p></p><p><strong><span style="color: red">15:14</span></strong> - Marriage registration fee to be reduced up to Rs. 1000 from Rs. 5000</p><p><strong><span style="color: red">15: 12</span></strong> - The number of liquor shops per proprietor to be reduced up to three / Liquor permit value to be increased by twofold</p><p><strong><span style="color: red">15: 11 </span></strong>- Casino business-owners to pay Rs: 1000 millions a tax - first payment to be made before April.</p><p><strong><span style="color: red">15: 07</span></strong> - Extra Rs. 5000 million to be gained through a container scanning process with effect from September</p><p></p><p><strong><span style="color: red">15: 04</span></strong> - Vehicle assembly plants have neglected their income tax payments during the previous regime. Rs. 12,0000 million revenue expected through prompt payments</p><p><strong><span style="color: red">15: 04</span></strong> - Cement prices to be reduced by Rs. 99 </p><p><strong><span style="color: red">15: 04</span></strong> - Vehicle taxes reduction 15% for vehicles with engines below 1000 CC</p><p><strong><span style="color: red">15: 00</span></strong> - Super gain tax - any company of which the profit exceeded Rs. 2000 million - tax amount worth 25% off its profit will be charged</p><p></p><p><strong><span style="color: red">14:58</span></strong> - Mansion tax - Rs. 1 million per annum will be charged for houses of which the value is estimated at Rs. 100 million or exceeds 5000 sqft</p><p></p><p><strong><span style="color: red">14: 55</span></strong> - Gold jewellery pawned to banks - that don't exceed Rs. 200,000 - interest will be waived off</p><p><strong><span style="color: red">14: 56</span></strong>- 12.5kg gas cylinder price reduced up to Rs. 1596 (Rs. 300 reduction)</p><p><strong><span style="color: red">14: 45</span></strong> - 13 Essential goods price reduction by removal of taxes - with effect from midnight [/FONT]</p><p> </p><ul> <li data-xf-list-type="ul">[FONT=&quot]Sugar: Rs. 10 reduction - tax reduced from Rs. 28 up to Rs. 10[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Milk powder 400g packet will be Rs. 325 (maximum retail price) - reduction of Rs. 61[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Sustagen milk powder to be reduced by Rs. 100 (400g)[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Flour prices reduced by Rs. 12.50 per kilo[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Bread - reduced by Rs. 6[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Green grams - reduction by Rs. 40 per kilo[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Sprats: Reduction of Rs. 15[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Canned fish - Reduced by Rs. 60[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Coriander - Reduced by Rs. 60 per kilo[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Maldives fish - taxes reduced by Rs. 200[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Canned fish - Reduced by Rs. 60[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Coriander - Reduced by Rs. 60 per kilo[/FONT]</li> <li data-xf-list-type="ul">[FONT=&quot]Chili powder - Reduced by Rs. 25 (powdered)[/FONT]</li> </ul><p> <strong><span style="color: red">[FONT=&quot]14: 44[/FONT]</span></strong>[FONT=&quot] - School van fees reduced by 5%</p><p><strong><span style="color: red">14: 44 </span></strong>- Electricity consumers will be encouraged to use solar power</p><p><strong><span style="color: red">14: 42</span></strong> - Kerosene reduced by another Rs. 6 per liter</p><p><strong><span style="color: red">14: 36</span></strong> - A sum of Rs. 2000 billion to be allocated to the fund reserved for kidney patients</p><p><strong><span style="color: red">14: 38</span></strong> - Budgetary allowance for education sector will be increased by 6% off the GDP systematically</p><p> </p><p> [/FONT]</p><p> <strong><span style="color: red">[FONT=&quot]14:33[/FONT]</span></strong>[FONT=&quot] - Decentralized budget for ministers will increase by Rs. 5 - 10 million</p><p><strong><span style="color: red">14: 31</span></strong> - Fresh milk price buying price to be increased by Rs.10</p><p><strong><span style="color: red">14:30</span></strong> - To improve agricultural sector, hand tractors will be given away at concessionary rates / fertilizer concession will be continued + the quality will be increased.</p><p><strong><span style="color: red">14:27</span></strong> - 50% of the loan amounts borrowed by farmers to be waived off</p><p> [/FONT]</p><p> <strong><span style="color: red">[FONT=&quot]14:25[/FONT]</span></strong>[FONT=&quot] - An allowance of Rs. 20,000 to be paid for expectant mothers[/FONT]</p><p> <strong><span style="color: red">[FONT=&quot]14:23[/FONT]</span></strong>[FONT=&quot] - Senior citizens with Rs. 1 million in their bank accounts to be given 15% interest rate</p><p><strong><span style="color: red">14:22</span></strong> - Reviewing of pensions - Increase of Rs. 1000 with effect from April</p><p><strong><span style="color: red">14:19</span></strong> - During past seven years 5000 million USD due to losing GSP+</p><p><strong><span style="color: red">14: 17</span></strong> - Request made for private sector employers to increase the salaries of private sector employees Rs. 2500</p><p></p><p><strong><span style="color: red">14:14</span></strong> - Rs. 2.5 billion saved by cutting down on the number of Ministers</p><p></p><p><strong><span style="color: red">14:11</span></strong> - All loans taken during the past government has to be paid by this government to which includes 15 million USD loan taken for security purposes</p><p></p><p></p><p><strong><span style="color: red">14:08</span></strong> - Salaries of state sector servants increased by Rs. 10,000 - Rs. 5000 will be given in February/ remaining Rs. 5000 in June- Thereby state sector employees' salaries increased by 47%</p><p></p><p><strong><span style="color: red">14:04</span></strong> - We believe in uplifting and developing the lives of every citizen of this country - not just a selected few - Ravi K</p><p></p><p></p><p><strong><span style="color: red">14:03</span></strong> - Expenses of presidential secretariat - 2014 Rs. 10,4970 million / estimated cost for 2015 was Rs 95,930 million but it has been brought down to Rs. 2560 million</p><p></p><p></p><p><strong><span style="color: red">14:01</span></strong> - True figure of state debts concealed by previous regime - currently it stands at Rs. 8.81 trillion</p><p></p><p><strong><span style="color: red">14:00</span></strong> - True figure of debt per person is Rs. 427,220 - Minister Ravi K</p><p></p><p><strong><span style="color: red">13:58</span></strong> - Minister Ravi K lists out details of financial losses incurred due to borrowings/developmental projects of the previous regime that has resulted in an added financial burden to the people</p><p></p><p><strong><span style="color: red">13:56</span></strong> - Loss incurred by hedging deals is 60 million USD</p><p><strong><span style="color: red">13:33</span></strong> - Reading of the 2015 interim budget by Finance Minister Ravi Karunanayake, begins.</p><p></p><p><strong><span style="color: red">13:31</span></strong> - Decision made by Cabinet to prohibit the authorization given to establish casinos to several private companies</p><p></p><p> </p><p> [/FONT]</p></blockquote><p></p>
[QUOTE="DXD, post: 17813951, member: 164550"] [B][COLOR=red][FONT="]5: 39[/FONT][/COLOR][/B][FONT="] - Prohibition imposed on Ministries and state institutions from publishing promotional newspapaper advertisements [B][COLOR=red]15: 32[/COLOR][/B] - Special committee to be set up ro resolve issues caused by irregular finance bodies within six months [B][COLOR=red]15: 32[/COLOR][/B] - Public transportation costs to reduce by 50% for senior citizens [B][COLOR=red]5: 31[/COLOR][/B] - Every citizen to have a bank account - can be opened in commercial banks with an initial deposit of Rs. 250 [B][COLOR=red]15: 28[/COLOR][/B] : Sri Lankan Airlines and Mihin Lanka to be merged to reduced the losses [B][COLOR=red]15: 28[/COLOR][/B] - Sri Lankan Airlines and Mihin Airlines have incurred heavy losses - within five years over Rs. 100 billion due to management inefficiencies/ Mihin Air Rs.15 billion during the past five years. [B][COLOR=red]15: 26[/COLOR][/B] - Dahami Diriya for Sunday school teachers - a monthly sum of Rs. 200 to be paid [B][COLOR=red]15: 25[/COLOR][/B] - Rs. 250 monthly allowance to be paid to pre-school teachers [B][COLOR=red]15: 25[/COLOR][/B] - Mahapola scholarship fee to be increased up to Rs. 5000 [B][COLOR=red]15:23[/COLOR][/B] - Special facilities for disabled war heroes - special loan scheme named Viru Diriya to be introduced in state banks/ maximum borrowing Rs. 500,000 [B][COLOR=red]15:21[/COLOR][/B] - Rs. 1.5 million permit fee will be charged from vehicle importers (irrelevant of whether the imported vehicles are brand new/reconditioned) [B][COLOR=red]15:17[/COLOR][/B] - The government has waived off the 25% tax paid by customers when reloading phones [B][COLOR=red]15: 17[/COLOR][/B] - Rs. 1000 million tax imposed on television stations dedicated to sports [B][COLOR=red]15: 15[/COLOR][/B]- Onetime tax of Rs. 250 million to be paid by mobile phone operators [B][COLOR=red]15: 15[/COLOR][/B]- Onetime tax of Rs. 250 million to be paid by telecommunication providers [B][COLOR=red]15:14[/COLOR][/B] - Marriage registration fee to be reduced up to Rs. 1000 from Rs. 5000 [B][COLOR=red]15: 12[/COLOR][/B][COLOR=red] [/COLOR]- The number of liquor shops per proprietor to be reduced up to three / Liquor permit value to be increased by twofold [B][COLOR=red]15: 11 [/COLOR][/B]- Casino business-owners to pay Rs: 1000 millions a tax - first payment to be made before April. [B][COLOR=red]15: 07[/COLOR][/B] - Extra Rs. 5000 million to be gained through a container scanning process with effect from September [B][COLOR=red]15: 04[/COLOR][/B] - Vehicle assembly plants have neglected their income tax payments during the previous regime. Rs. 12,0000 million revenue expected through prompt payments [B][COLOR=red]15: 04[/COLOR][/B] - Cement prices to be reduced by Rs. 99 [B][COLOR=red]15: 04[/COLOR][/B] - Vehicle taxes reduction 15% for vehicles with engines below 1000 CC [B][COLOR=red]15: 00[/COLOR][/B] - Super gain tax - any company of which the profit exceeded Rs. 2000 million - tax amount worth 25% off its profit will be charged [B][COLOR=red]14:58[/COLOR][/B] - Mansion tax - Rs. 1 million per annum will be charged for houses of which the value is estimated at Rs. 100 million or exceeds 5000 sqft [B][COLOR=red]14: 55[/COLOR][/B] - Gold jewellery pawned to banks - that don't exceed Rs. 200,000 - interest will be waived off [B][COLOR=red]14: 56[/COLOR][/B]- 12.5kg gas cylinder price reduced up to Rs. 1596 (Rs. 300 reduction) [B][COLOR=red]14: 45[/COLOR][/B] - 13 Essential goods price reduction by removal of taxes - with effect from midnight [/FONT] [LIST] [*][FONT="]Sugar: Rs. 10 reduction - tax reduced from Rs. 28 up to Rs. 10[/FONT] [*][FONT="]Milk powder 400g packet will be Rs. 325 (maximum retail price) - reduction of Rs. 61[/FONT] [*][FONT="]Sustagen milk powder to be reduced by Rs. 100 (400g)[/FONT] [*][FONT="]Flour prices reduced by Rs. 12.50 per kilo[/FONT] [*][FONT="]Bread - reduced by Rs. 6[/FONT] [*][FONT="]Green grams - reduction by Rs. 40 per kilo[/FONT] [*][FONT="]Sprats: Reduction of Rs. 15[/FONT] [*][FONT="]Canned fish - Reduced by Rs. 60[/FONT] [*][FONT="]Coriander - Reduced by Rs. 60 per kilo[/FONT] [*][FONT="]Maldives fish - taxes reduced by Rs. 200[/FONT] [*][FONT="]Canned fish - Reduced by Rs. 60[/FONT] [*][FONT="]Coriander - Reduced by Rs. 60 per kilo[/FONT] [*][FONT="]Chili powder - Reduced by Rs. 25 (powdered)[/FONT] [/LIST] [B][COLOR=red][FONT="]14: 44[/FONT][/COLOR][/B][FONT="] - School van fees reduced by 5% [B][COLOR=red]14: 44 [/COLOR][/B]- Electricity consumers will be encouraged to use solar power [B][COLOR=red]14: 42[/COLOR][/B] - Kerosene reduced by another Rs. 6 per liter [B][COLOR=red]14: 36[/COLOR][/B] - A sum of Rs. 2000 billion to be allocated to the fund reserved for kidney patients [B][COLOR=red]14: 38[/COLOR][/B] - Budgetary allowance for education sector will be increased by 6% off the GDP systematically [/FONT] [B][COLOR=red][FONT="]14:33[/FONT][/COLOR][/B][FONT="] - Decentralized budget for ministers will increase by Rs. 5 - 10 million [B][COLOR=red]14: 31[/COLOR][/B] - Fresh milk price buying price to be increased by Rs.10 [B][COLOR=red]14:30[/COLOR][/B] - To improve agricultural sector, hand tractors will be given away at concessionary rates / fertilizer concession will be continued + the quality will be increased. [B][COLOR=red]14:27[/COLOR][/B] - 50% of the loan amounts borrowed by farmers to be waived off [/FONT] [B][COLOR=red][FONT="]14:25[/FONT][/COLOR][/B][FONT="] - An allowance of Rs. 20,000 to be paid for expectant mothers[/FONT] [B][COLOR=red][FONT="]14:23[/FONT][/COLOR][/B][FONT="] - Senior citizens with Rs. 1 million in their bank accounts to be given 15% interest rate [B][COLOR=red]14:22[/COLOR][/B] - Reviewing of pensions - Increase of Rs. 1000 with effect from April [B][COLOR=red]14:19[/COLOR][/B] - During past seven years 5000 million USD due to losing GSP+ [B][COLOR=red]14: 17[/COLOR][/B] - Request made for private sector employers to increase the salaries of private sector employees Rs. 2500 [B][COLOR=red]14:14[/COLOR][/B] - Rs. 2.5 billion saved by cutting down on the number of Ministers [B][COLOR=red]14:11[/COLOR][/B] - All loans taken during the past government has to be paid by this government to which includes 15 million USD loan taken for security purposes [B][COLOR=red]14:08[/COLOR][/B] - Salaries of state sector servants increased by Rs. 10,000 - Rs. 5000 will be given in February/ remaining Rs. 5000 in June- Thereby state sector employees' salaries increased by 47% [B][COLOR=red]14:04[/COLOR][/B] - We believe in uplifting and developing the lives of every citizen of this country - not just a selected few - Ravi K [B][COLOR=red]14:03[/COLOR][/B] - Expenses of presidential secretariat - 2014 Rs. 10,4970 million / estimated cost for 2015 was Rs 95,930 million but it has been brought down to Rs. 2560 million [B][COLOR=red]14:01[/COLOR][/B] - True figure of state debts concealed by previous regime - currently it stands at Rs. 8.81 trillion [B][COLOR=red]14:00[/COLOR][/B] - True figure of debt per person is Rs. 427,220 - Minister Ravi K [B][COLOR=red]13:58[/COLOR][/B] - Minister Ravi K lists out details of financial losses incurred due to borrowings/developmental projects of the previous regime that has resulted in an added financial burden to the people [B][COLOR=red]13:56[/COLOR][/B] - Loss incurred by hedging deals is 60 million USD [B][COLOR=red]13:33[/COLOR][/B] - Reading of the 2015 interim budget by Finance Minister Ravi Karunanayake, begins. [B][COLOR=red]13:31[/COLOR][/B] - Decision made by Cabinet to prohibit the authorization given to establish casinos to several private companies [/FONT] [/QUOTE]
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