Cabinet nod to grant 40-year tax incentives for Port City FDIs

Tuesday, 7 June 2022 10:05 -     - {{hitsCtrl.values.hits}}

The Cabinet of Ministers at its meeting on Monday has approved to offer 40-year special tax incentives to boost Foreign Direct Investments (FDIs).

“To be attractive for investor, it is important to offer appealing tax incentives to lure FDIs in a world recession,” Cabinet Co-Spokesman and Minister Bandula Gunawardana told journalists at post-Cabinet meeting media briefing yesterday.

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.