Rs. 18,000 million additional provisions to combat Covid-19.

Daily wage of estate workers increased to Rs.1,000 from January 2021.

Business organizations engaged in agriculture, fisheries, livestock farming industries, exempted             from taxes during the next 5 years.

An uncomplicated online income tax system for all income tax payers.

Non-residents allowed to purchase super-luxury condominiums using foreign currency.

Amend EPF Act to expand the retirement age for both men and women up to 60 years.

New laws against auditors and companies that prepare false tax records and a special Court of                Appeal to hear public complaints pertaining to tax.

Tax exemption on dividends of foreign companies for three years, if the money is invested in Sri             Lankan sovereign bonds or in the stock market.

Value Added Taxes kept unchanged at 8% for businesses that record a turnover of more than 25             million a month except for bank, finance and insurance companies.

A 50% tax exemption for local Companies listed in the Colombo Stock Exchange until December         31, 2021. A 50% income tax exemption to local companies if they register before 31 December             2021 to be listed in the Stock Market.

Migrant workers to receive Rs. 2 for every dollar remitted, a contributory pension scheme.

Samurdhi Savings Accounts for all Samurdhi beneficiaries, new loan scheme for Samurdhi                     beneficiaries on 7% interest.

New laws in relation to data security, cyber security and intellectual property.

Rs 8 billion for expansion of technology sector.

Special programme to strengthen public security spending Rs 2,500 million.

Television sets for rural schools to allow students to watch Guru Gedara educational programmes         (Rs 3,000 million).

Five technological parks

5 year tax relief for private educational institutions.

Rs. 3,000 million to initiate a scholarship programme to provide a Rs. 4,000 monthly allowance to         students receiving vocational education.

A new insurance scheme for workers engaged in COVID-19 response.

Technical college’s annual intake to be increased from 100,000 to 200,000.

Rs 750 million allocated for housing, health, education and entrepreneurship needs of retired,                 injured or deceased military personnel.

Train compartments to be manufactured locally.

Railway network Colombo - Kelani Valley to be expanded with a Rs.1300mn allocation.

Colombo’s Marine Drive extended to Moratuwa.

A 300 MW Coal Power Plant and two 600 MW Natural Gas Power Plant to be constructed.

Repayment of refinancing loan facilities provided by CBSL to Tourism sector extended till 30                September 2021

Aims to create a sports economy worth USD 1,000 million during the period from 2021-2024.

Rs. 250 million for the development of underprivileged temples.

50,000 houses already underway under UDA. A 25 year loan with interest rate of 6.25% for                     recipients.

Bilateral agreements to be reviewed, to ensure national security and SL non-aligned stance.

Import duty on vehicle spare parts reduced, Spare parts imports restrictions to be relaxed.

Two years leave for state employees seeking overseas employment.

Rs. 3000 million for solutions on human-elephant conflict


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