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Sri Lanka Perspectives – November 2013

Sri Lanka Perspectives – November 2013 Highlights CHOGM: Sri Lanka President Mahinda Rajaksa heaved a sigh of relief as the Commonwealth Heads of Government Meeting (CHOGM) concludes on November 17 despite the campaign against holding it by international NGOs and human rights and Tamil activists in Canada, EU, India and UK. Indian Prime Minister’s decision not to attend the CHOGM exposes the vulnerability of India’s Sri Lanka policy to pressures from Tamil Nadu. Sri Lanka budget levies: Sri Lanka’s budget for 2014 raises tax levy on telecom services, vehicles and cigarette, levies import taxes on a series of food items and removes value added tax exemptions (VAT) granted to a host of equipment including tractors in a bid to increase revenue, while projecting an ec...
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