The Hon. (Dr.) Harshana Suriyapperuma
Hon. (Dr.) Harshana Suriyapperuma responded to a point raised by Hon. Rasamanickam, stating that the Government’s policy is to avoid discretionary tax holidays based on personal or institutional connections. He said a new mechanism for granting concessions would be presented to Parliament, with eligibility based on investment scale, employment creation, and environmental and district-level benefits, including in relation to the Eravur Investment Zone.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Thank you, Hon. Presiding Member.
¶ 02 On one point raised by Hon. Rasamanickam: unlike in the past when tax holidays were given to institutions and individuals based on commissions and cliques, our current policy is not to grant concessions that way. A new mechanism is ready and will be presented to Parliament. As I said earlier regarding the Eravur Investment Zone, concessions will not depend on who you are but on the scale of investment, jobs created, and benefits to the environment and district.
Provenance
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- Hansard, Monday, 24 February 2025 ·No. 1741236032093385 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Harshana Suriyapperuma. 10th Parliament, Parliament of Sri Lanka. Hansard, 24 February 2025. No. 1741236032093385. Politick, https://staging.politick.io/lk/speeches/11791