Tourism Boom May Surpass 2018 Levels, Record Arrival of 1,095,675 Foreign Tourists by July 15
By adminPosted on Tourism Revenue Hits USD 1.556 Billion from January to June 2024 — Deputy Director General of ...
Sri Lanka’s Construction Industry to face challenges with VAT Rise
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The recent surge in Value Added Tax (VAT) in Sri Lanka has cast a shadow over the construction industry, heralding a challenging period ahead. As the government implements this tax increase, the construction sector finds itself grappling with heightened financial pressures. This surge in VAT is expected to have a cascading effect, influencing various facets of the industry, from project costs to overall investment climate.
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