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TRC levy on internet to be scrapped

The 10pc TRC levy imposed on internet services will be removed from September 01, says Finance Minister Mangala Samaraweera.

Meanwhile, the minister also said that production tax on mini lorries and single cabs will be reduced from Rs.10,000,00 to Rs.700,000.

Sri Lanka will cut excise taxes on small trucks by 300,000 rupees and motorcycles by between 50,000 to 90,000 as part of a program to boost youth entrepreneurship, he added.
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