NTB hosts seminar on 2011 Budget tax proposals

Nations Trust Bank recently conducted a seminar for business customers, which included traders, importers, exporters, manufactures and distributors, with the objective of discussing the tax proposals in the 2011 Budget and its impact on their businesses.

The seminar consisted of a presentation made by Charmaine Tillekaratne, Senior Manager Taxation at Nations Trust Bank on the key highlights of the 2011 tax proposals followed by a panel discussion led by R.P.L. Weerasinghe, former Commissioner of Inland Revenue and Tax Advisor to the Ministry of Finance and Suresh Perera, Principal Partner Tax and Regulatory of KPMG.

The invitees were given an opportunity to interact with the panel to discuss and clarify specifics on the 2011 Budget tax proposals relating to different businesses. The elite panel encouraged businessmen to take advantages of the benefits offered by the 2011 tax proposals and further grow their specific business segments.

Commenting on this, DGM Retail Banking at NTB Renuka Fernando said: “The business customers are an important segment for us and we will do our best to keep adding value to their businesses in whatever ways possible. You can look forward to more of these forums being organised for business customers on varied topics of interest in the future.”

Nations Trust Bank PLC is one of the fastest growing banks in Sri Lanka today, catering to business as well as individual customers across the country through a wide branch network. The bank’s market positioning of being the benchmark of convenience is now ably supported by a host of financial services and products specifically designed to the various customer segments to which the bank caters. Nations Trust Bank is also the sole issuer and acquirer for American Express Credit Cards in Sri Lanka.