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Duty-free Permit
Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes. Currently entitled Following category of individuals are entitled to duty-free permits; *Legislators **Members of Parliament ** Provincial councilors *Public officers (who have served a minimum term defined) ** Senior grade officers of the public service, parliament or appointed by cabinet minister. ** Officers of holding the posts of medical officer, engineer, accountant, architect and lawyer. ** Senior executives of state corporations or statutory institutions. ** Senior academics and executives of state universities. ** Executive grade officers in the Central Bank of Sri Lanka. ** Executive grade officers defined by the Department of Management Services; *** Senior executives *** Charted Engineers, Charted Accou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Sri Lanka)
The Ministry of Finance, Economic Stabilization and National Policies ( si, මුදල්, ආර්ථික ස්ථායිකරණ සහ ජාතික ප්රතිපත්ති අමාත්යාංශය; ta, நிதி, பொருளாதார நிலைப்படுத்தல் மற்றும் தேசிய கொள்கைகள் அமைச்சு) (also known as the Finance Ministry or the Treasury) is a cabinet ministry of the Government of Sri Lanka responsible for developing and executing the government's public finance policy, economic policy and long term fiscal planning. The Treasury is housed at the General Treasury Building (also referred to as ''The Secretariat'') in Fort. History Although the post Treasurer of Ceylon of the British Government of Ceylon dates back to the early nineteenth century and was succeeded by the post of Financial Secretary of Ceylon under the recommendations of the Donoughmor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Sri Lanka
The Government of Sri Lanka (GoSL) ( si, ශ්රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the island from both its commercial capital of Colombo and the administrative capital of Sri Jayawardenepura Kotte. Constitution The Constitution of Sri Lanka has been the constitution of the island nation of Sri Lanka since its original promulgation by the National State Assembly on 7 September 1978. It is Sri Lanka's second republican constitution and its third constitution since the country's independence (as Ceylon) in 1948. As of October 2020, it has been formally amended 21 times. Executive branch The President, directly elected for a five-year term, is head of state, chief executive, and commander-in-chief of the armed forces. The election occurs under the Sri Lankan form of the contingent vote. Responsible to Parliament for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duty (tax)
In economics, a duty is a target-specific form of tax levied by a state or other political entity. It is often associated with customs, in which context they are also known as tariffs or dues. The term is often used to describe a tax on certain items purchased abroad. A duty is levied on specific commodities, financial transactions, estates, etc. rather than being a direct imposition on individuals or corporations such income or property taxes. Examples include customs duty, excise duty, stamp duty, estate duty, and gift duty. Customs duty A customs duty or due is the indirect tax levied on the import or export of goods in international trade. In economics a duty is also a kind of consumption tax. A duty levied on goods being imported is referred to as an 'import duty', and one levied on exports an 'export duty'. Estate duty An estate duty (in the U.S. inheritance tax) is a tax levied on the estate of a deceased person in many jurisdictions or on the inheritance of a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Member Of Parliament
A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members often have a different title. The terms congressman/congresswoman or deputy are equivalent terms used in other jurisdictions. The term parliamentarian is also sometimes used for members of parliament, but this may also be used to refer to unelected government officials with specific roles in a parliament and other expert advisers on parliamentary procedure such as the Senate Parliamentarian in the United States. The term is also used to the characteristic of performing the duties of a member of a legislature, for example: "The two party leaders often disagreed on issues, but both were excellent parliamentarians and cooperated to get many good things done." Members of parliament typically form parliamentary groups, sometimes called caucuse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provincial Government In Sri Lanka
Provincial governments of Sri Lanka are the devolved governments of the nine Provinces of Sri Lanka. In accordance with the Sri Lankan constitution, provinces have legislative power over a variety of matters including agriculture, education, health, housing, local government, planning, road transport and social services. The constitution also gives them powers over police and land but successive central governments have refused to devolve these powers to the provinces. Background The provinces were first established by the British rulers of Ceylon in 1833. Over the next century most of the administrative functions were transferred to the districts, the second level administrative division. By the middle of the 20th century the provinces had become merely ceremonial. This changed in 1987 during an attempt to end the Sri Lankan Civil War when the Indo-Sri Lanka Accord was signed on 29 July 1987, following several decades of increasing demand for a decentralization. One of the req ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Services Of Sri Lanka
The Public Services of Sri Lanka are a series of services groups that provide specialized professional services to the Government of Sri Lanka. These are government employees who carry out public duties, however they are not elected officials. The most senior of these is the Sri Lanka Administrative Service which is the country's permanent bureaucracy. The Sri Lankan Government is the largest employer in the country and the public services are often criticized as overstaffed and inefficient. Their members are selected by competitive examination and promotions are made by the Public Service Commission. Public Services ;(Professionals) *Sri Lanka Administrative Service *Sri Lanka Overseas Service *Sri Lanka Police Service (The one who lives by the Dhamma is protected by the Dhamma itself) , mission = , formedyear = , preceding1 = Ceylon Police Force (1866–1972) , dissolved = , superseding = , employees = ... * Sri La ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Sri Lanka
The Central Bank of Sri Lanka ( CBSL; si, ශ්රී ලංකා මහ බැංකුව, Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA), it is a semi-autonomous body, and following the amendments to the MLA in December 2002, is governed by a five-member Monetary Board, comprising the Governor as chairman, the Secretary to the Ministry of Finance and Planning, and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council. History The Central Bank of Sri Lanka was established in 1950, two years after independence. The founder governor of the Central Bank of Sri Lanka was John Exter, while the minister of finance at the time was J. R. Jayewardene. Under the former name of Central Bank of Ceylon, it replaced the Currency Board that until then had been responsible for issuing the country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lieutenant Colonel
Lieutenant colonel ( , ) is a rank of commissioned officers in the armies, most marine forces and some air forces of the world, above a major and below a colonel. Several police forces in the United States use the rank of lieutenant colonel. The rank of lieutenant colonel is often shortened to simply "colonel" in conversation and in unofficial correspondence. Sometimes, the term 'half-colonel' is used in casual conversation in the British Army. In the United States Air Force, the term 'light bird' or 'light bird colonel' (as opposed to a 'full bird colonel') is an acceptable casual reference to the rank but is never used directly towards the rank holder. A lieutenant colonel is typically in charge of a battalion or regiment in the army. The following articles deal with the rank of lieutenant colonel: * Lieutenant-colonel (Canada) * Lieutenant colonel (Eastern Europe) * Lieutenant colonel (Turkey) * Lieutenant colonel (Sri Lanka) * Lieutenant colonel (United Kingdom) * L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wing Commander (rank)
Wing commander (Wg Cdr in the RAF, the IAF, and the PAF, WGCDR in the RNZAF and RAAF, formerly sometimes W/C in all services) is a senior commissioned rank in the British Royal Air Force and air forces of many countries which have historical British influence, including many Commonwealth countries but not including Canada (since Unification) and South Africa. It is sometimes used as the English translation of an equivalent rank in countries which have a non-English air force-specific rank structure. It ranks immediately above squadron leader and immediately below group captain. It has a NATO ranking code of OF-4. It is equivalent to commander in the Royal and United States Navies, as well as to lieutenant colonel in the British Army, the Royal Marines, and the United States Army, Air Force and Marine Corps. The equivalent rank in the Women's Auxiliary Air Force and the Women's Royal Air Force (until 1968) and in Princess Mary's Royal Air Force Nursing Service (until 1980) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commander
Commander (commonly abbreviated as Cmdr.) is a common naval officer rank. Commander is also used as a rank or title in other formal organizations, including several police forces. In several countries this naval rank is termed frigate captain. Commander is also a generic term for an officer commanding any armed forces unit, for example "platoon commander", "brigade commander" and "squadron commander". In the police, terms such as "borough commander" and "incident commander" are used. Commander as a naval and air force rank Commander is a rank used in navies but is very rarely used as a rank in armies. The title, originally "master and commander", originated in the 18th century to describe naval officers who commanded ships of war too large to be commanded by a lieutenant but too small to warrant the assignment of a post-captain and (before about 1770) a sailing master; the commanding officer served as his own master. In practice, these were usually unrated sloops-of-war of no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Duties
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Avoidance
Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxes. Tax avoidance should not be confused with tax evasion, which is illegal. Forms of tax avoidance that use legal tax laws in ways not necessarily intended by the government are often criticized in the court of public opinion and by journalists. Many corporations and businesses that take part in the practice experience a backlash from their active customers or online. Conversely, benefiting from tax laws in ways that were intended by governments is sometimes referred to as tax planning. The World Bank's World Development Report 2019 on the future of work supports increased government efforts to curb tax avoidance as part of a new social contract focused on human capital investments and expanded social p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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