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Rising the tax on beedis as a substitute of tax on cigarettes when there is a chance to earn extra earnings from cigarettes is the results of an settlement between the heads of the tobacco firm and the federal government, the Sri Lanka Mirror learns.
President Ranil Wickremesinghe stated within the 2023 Funds speech that the federal government would impose a tax of Rs.2 on a beedi.
“I recommend a tax of Rs.2 per beedi to streamline the beedi trade and to discourage folks from utilizing beedis. Other than this, the charges to be paid for acquiring certificates and licenses may even be elevated,” he stated.
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