'Ms fault JVP for blocking tax hike on ?luxuries?

  • 4 Apr 2005 17:58:31 GMT

    Tax system for a country is a must in SL it must be overhauled.

    Firstly, every business must be registered with the Inland revenue Department. Then this registration must be renewed annually for which the GOSL must charge a standard fee & issue a certificate.

    This certificate must be displayed in a prominent place where the business is conducted.

    All business must submit audited accounts annually.

    On a proportionate scale, all public & private sector employees must pay income tax.

    Without a proper tax system, a country can not run.

    The latest is the introduction of sales tax to generate income. This should be a last resort.

    A nominal hospital charge must be levied.

    Education after o`levels must be levied with a fee.

    GOSL, on a signed bond must provide grants to University students to meet their tuition fee. These monies to be recovered by the GOSL once they obtain employment.

    A proper structure must be in place to generate revenue for a government, instead of arbitrary tax increases which does`nt make sense.

  • 4 Apr 2005 18:53:50 GMT

    Ranhoti and samanj,

    Agree with both of you. I too do not think that we need provincial councils for Small country like Sri Lanka especially for areas where sinhalese dominate since it is duplication of power and bureaucracy and increase unnecessary expenses, but do believe there should be some political and administrative freedom to Tamil dominated areas to develop their infrastructure and aspirations. We do need a Tax reform badly as do in many other areas too.

  • 4 Apr 2005 19:33:55 GMT

    Putting Tax for luxary items is not the worse thing.

    But most important is to have a policy on taxing.

    Salesman are selling the things to the prices what they like. If there is a government body to control prices(effective). Then the tax is not the problem.

  • 5 Apr 2005 03:59:46 GMT

    I agree with Magha. Provincial councils were established to satisfy certain tamils living in North and East but ultimately it is big burden to other provinces. There is no importance advantage to have provincial councils for country like Sri Lanka. Unfortunately no one wants to abolish this system and poor tax payers are maintaining these councils. Tax system is necessary to develop a country, but in Sri Lanka most of these money is spent to maintain politicians and their henchmen. Liquor and ciggarets are not luxury commodities and most of poor people consume them. Though govt initially increased tax on some luxury items later they may extend it to other commodities as well. Finally people will have to pay more to maintain these white elephants.

  • 5 Apr 2005 04:20:16 GMT

    I agree with Magha. Provincial councils were established to satisfy certain tamils living in North and East but it is now a big burden to the other provinces. There is no importance advantage to have provincial councils for country like Sri Lanka. Unfortunately no one wants to abolish this system and poor tax payers are maintaining these councils. Tax system is necessary to develop a country, but in Sri Lanka most of these money is spent to maintain politicians and their henchmen. Liquor and ciggarets are not luxury commodities and most of poor people consume them. Though govt initially increased tax on some luxury items later they may extend it to other commodities as well. Finally people will have to pay more to maintain these white elephants. In that sense it is better not to allow this tax increase

  • 5 Apr 2005 07:42:17 GMT

    I think everybody has missed the most salient point. The increase in BTT is by Provincial Councils to finance their activities. These activities benefit only the Provincial Councillors and their henchman. The taxes collected are used to pay the Salaries of the Councillors and their staff who are mostly their relations and henchman. The taxes also are used to maintain their high spending life styles, fleets of vehicles, foreign travel and all other perks. The Government in Power will not abolish the PC`s because that is where all the politicians who cannot get into Central government find shelter. JVP is doing a good thing in going against the increased taxes. They should try to get rid of the Provincial Council system and get back to the GA`s, DRO`s and public administration system.

  • 7 Apr 2005 03:49:57 GMT

    Bandula05,

    What is your position about reintroducing income tax for Govrnment sector?