Tagged: Sri Lanka Budget 2016 Toggle Comment Threads | Keyboard Shortcuts

  • DZONE 10:00 am on December 7, 2015 Permalink | Reply
    Tags: , , Major government Projects, Major government Projects in 2016, Major Projects in Sri Lanka, Major Projects under Budget 2016, Sri Lanka Budget 2016, Sri Lanka Budget 2016 Major Projects   

    Major Projects – Sri Lanka Budget 2016 

    Ministry of Buddha Sasana

    Sacred Area Developments – 100mn – Construction of 100 temples. Renovation of 33 temples.
    Vidyalankara International Buddhist Center-Kelaniya – 300mn – Completion of the conference hall.
    Redevelopment of under devloped Dhamma Schools – 100mn – Plan to develop 500 Dhamma schools in 2016. Allocated Rs. 200,000 for each Dhamma school.
    Renovation of Places of Worship damaged due to the earthquake in Nepal – 50mn – Renovation of the Ananda Kuti Buddhist temple & Hindu Kovil in Machchindranath (2015 – 2017).
    Rehabilitation of Under-developed Buddhist Temples – 90mn – Rehabilitation of 600 temples.

    Ministry of Finance
    (More …)

    • kusum waidyarathne 5:22 pm on May 14, 2016 Permalink | Reply

      Architectonic Architecture (Science of Wasthu) is very specify and separate section from the general Astrology. As a Scientist and Senior Lecturer, I couldn’t realize how Architectonic Architect will scientifically connect with the general Astrology, because of pattern & behavior of astrology never attached with the Architectonic Architect. Even though Architectonic Architect is based on nerves system of human being. It is directly effective with the Human Behavior, Energy, Thought power, Efficiency, Healthy & Activities.
      Architectonic Architect establish on “The no of cubic feet of “Air and Light “ enter to the one identical premises in a certain moment & should be equal to exiting cubic feet in same quantity in same time of that identical premises must be leveled in each value. Otherwise it will be showed incorrectly & different behavior & effectives by the nerves systems of person who’s live in this ideal premises”.
      This assignment which I write to you is one Dr. Kusum Widyaratne(PhD) Senior Lecturer in Para Human Archeology ,Mass Media Communication & Architectonic Architecture.
      With reference to my above reach works, it was correctly indicated that identical architectonic architecture how much of effected to the human positive efficiency 22%, healthy15%, behavior18%.
      Though if any one who will agree to complete their any kind of own construction projects according to the above concept there is no any hesitation efficiency, healthy and behavior will be gradually increased round about 18% by the current situations. That figure can be guaranteed.
      Hence we are kindly inviting you to join with us on your own constructions projects (Housing, Commercial & Industrial buildings etc.) through our concept & certified, it will be most effected to achieve your own successful goals easily than present situation. It will be generally, completely solve more than 40% of normal struggles on your own daily works.
      All our constructions works are in validity period of warranty of 25 years for every single sq. Centimeter and free maintaining in first five years including color wash and the curtains excepting bulbs and water taps.
      A construction establishment which named J.K. Engineering (International) Corporation (PVT) Ltd, No10,Theldeniya Road, Balagolle, Kengalle, Kandy( 081-242 2464), ready to attends this purpose & complete above projects in this guaranteed concept under my strictly supervision. I’m the person who will get the responsibility for all these construction projects.
      Forward this email for your kind consideration and your earlier response will be much appreciated, & if you want to get more details, clarifications or the discussions pl. contact me on 075 710 6488.
      Thanking you.
      Yours Faithfully,
      Dr .kusum Waidyaratne
      Senior Lecturer in Para Human Archaeology,
      Mass Media Communication & Architectonic Architecture.

  • DZONE 2:38 pm on November 30, 2015 Permalink | Reply
    Tags: , Common framework for pensions, pension scheme, pension scheme for Sri Lanka, pension scheme Sri Lanka, , Sri Lanka Budget, Sri Lanka Budget 2016, Sri Lanka pension scheme, Towards a National Pension Framework   

    Common pension scheme for Sri Lanka 

    All elderly in Sri Lanka should have access to at least one reliable, affordable and adequate pension, economists said. “An adequate pension is essential to ensure income security for elderly, without being dependent,” Nisha Arunatilake of Institute of Policy Studies of Sri Lanka said. She was speaking at the National Pensioners Day Symposium themed “Towards a National Pension Framework.”

    Highlighting the problems within the pension system she said 87 percent of the population between the ages of 15 and 59 are not covered by a pension scheme, and only 30 percent of the population above the age of 60 get a meaningful pension. The system in the island should be (More …)

  • DZONE 12:39 pm on November 23, 2015 Permalink | Reply
    Tags: , Budget 2016 review, , Budget review, budget sri lanka, Income Tax changes, , rranil wickramasinghe, , Sri Lanka Budget 2016, Yahapalanaya   

    Sri Lanka Budget 2016 – Review 

    Sri Lanka’s Budget proposals for the next year presented in parliament by the Minister of Finance Ravi Karunanayake has proposed several concessions to the public and industries.

    “The progressive tax rates applicable to individuals will be removed by increasing the tax free allowance to Rs 2.4 million per year (Rs 200,000/- per month) and any balance will be liable at the standard rate of 15% (flat rate)”

    Review –  (More …)

    • Lahiru Senanayake 8:37 pm on November 28, 2015 Permalink | Reply

      Comment from Dr Lahiru Senanayake:

      Concessionary vehicle permits were given to executive grade officers in the government sector as the government can’t give them a vehicle with driver and fuel to which they are entitled.

      Government salary compression ratio is 1:4 which means the lowest salary is 11700 (that is to an unskilled laborer who joins today ) and maximum is four times of it = 46800 (that is to the Secretary of the ministry ) so for example a surgeon who retire next month will get a basic salary less than 46800. MRCS qualified surgeons get over 3 million basic salary in UK, Australia, Singapore new Zealand and most EU countries .

      You know my basic salary is 26160 and that is what i get if i retire without anymore qualifications and that is what considered for bank loans.

      Permit was given to keep the doctor and other qualified professionals in the country as an insensitive . They are entitled to permit after five years of service where as MPs and provincial counselors get it the day they enter parliament or council. They get 100% Concession where as others get 40% tax concession not 100%. So all MPs have taken their permit vehicles by now.

      If they gave me a vehicle driver and fuel it could have cost around one lak a month. So for five years its 6 millions instead they give the permit so i can buy a vehicle worth 25000$ cif with 40% tax concession . If i buy a vehicle worth maximum that is 25000$= 3.6 million rupees CIF. Tax is around 300% so its 10.8 million rupees and the 40% concession reduces 4.32 million rupees and i can buy the vehicle for 3.6+6.48 =10.08 million rupees. So government gives me 4.32 concession and avoid paying 6 millions that was the logic. So what i think is government must give employees what they are entitled not permits

      • Your Grandma 1:09 am on December 1, 2015 Permalink | Reply


        First of all, it’s “incentive”, not INSENSITIVE. Please feel free to migrate to a different country if you feel your efforts are unappreciated here. The money that finances your permits doesn’t grow on trees. They are funded by the tax payers of this country. Do you know what else was funded by the tax payers of this country? YOUR MEDICAL EDUCATION. Did you know that doctors in the UK, Australia and all the other countries you mentioned paid for their medical education? They didn’t get it for free like you did. Your salary is quite significant compared to what is considered the average wage rate in Sri Lanka. Please stop trying to milk the tax payers dry. We would be happy to see you and your ego pack your bags and leave to greener pastures where you will be handsomely paid. Please don’t forget to reimburse us (the tax payers) for your education before you leave.


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