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03:28 PM
Rs 100 million allocation to National Science Foundation for CKD research
Rs 300 million to be allocated for scholarships to students engaged in state run vocational training centres
Student loan scheme of Rs 800,000 per student for higher education in the private sector
5 year multiple entry visas for international students to be provided with the aim of creating an education hub and also provide education tourism
University seminars to be extended to 8 pm daily
Scholarships for deserving studentds to Harvard/MIT universites in the US and NUS-Singapore
University admissions to be increased to 50,000 (from a current 20,000) annually
Agrahara insurance scheme to be extended to teachers
Rs. 250 million to upgrade plantation schools
Tabs and laptops to be provided at a cost of Rs 5,000 million for high school students
Smart classrooms to be created at a cost of Rs 600 million
Galle, Hambantota and Jaffna fisheries sectors to be improved
15,000 cows to be imported
Automated commodity exchange for tea, rubber and coconut
Minister of Finance Ravi Karunanayake will present the Budget Speech.
06:14
PM
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PAYE tax limit to be changed to Rs 2.4 million per annum from Rs.
750,000. PAYE will be reduced to 15% from 16 %.
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06:12
PM
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Two tax slabs - 15% and 30 % - to be introduced for different sectors
while 35 per cent will be levied on casinos and 15% for other sectors
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06:11
PM
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Current total of 35 taxes to be reduced by abolishing several taxes.
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06:03
PM
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Kerosene oil reduced by Rs 10
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06:03
PM
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Gas prices reduced by Rs 150
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06:01
PM
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Milk powder for children reduced by Rs 100
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05:58
PM
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Minister skips pages once again
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05:53
PM
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Minister says some pages not printed and seeks permission to print them
(later)
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05:51
PM
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New contributory pension scheme for people joining government service from
January 2016.
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05:50
PM
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EPF and ETF to be merged after consultation agreement with trade unions
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05:43
PM
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- Private
sector to get involved in Mattala airport operations
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05:42
PM
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Central Procurement Office to be set up
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05:41
PM
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Loss-making SriLankan Airlines to be transformed to a profitable
regional carrier. The government carried the burden of 72 per cent
of the losses to the detriment of the taxpayer.
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05:39
PM
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Open skies policy to be created enabling international airlines to fly freely
to Sri Lanka. Three new domestic airports to be opened.
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05:37
PM
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Government stakes in state owned companies - Hotel Developers, Lanka
Hospitals, Mobitel, etc - to be divested (sold). Receipts to be used to
pay off their debts.
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05:34
PM
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State enterprises to be made independent units, Will be brought under one
government owned company
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05:33
PM
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Ports and airports won't privatised but transformed to independent
institutions
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05:31
PM
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Rs 100 million for Police Academy
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05:30
PM
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Police stations to be increased to 600 from 428
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05:28
PM
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Minister skips pages saying they would be tabled
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05:26
PM
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Kidney Dialysis centre to be established
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05:24
PM
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Import tax on books, journals and magazines removed
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05:24
PM
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New private universities for foreign students to be encouraged with tax
concessions. 30 per cent will be reserved for local students
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05:20
PM
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Loans for students to buy laptops with Rs 300 million allocated.
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05:20
PM
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New Mahapola University to be set up at Malabe at a cost of Rs 3 billion.
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Customers of State Bank of India can anytime close their active credit card, where the request to close the credit card should be taken through offline or online mode after completion of all necessary checks by the authority. For this the customer may first submit their application for closure of active credit card, then the process will be as follows Once a request has been placed, how to close SBI credit card the customer should cut the SBI Card into two prices and thus the process of cancellation will be done once due amounts being calculated, and SBI provides an easy way to use all its features using Credit Card and if you are willing to get this closed, then you can move with Online Process or Offline Process or closer as preferred.
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