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Widening VAT base will adversely affect SMEs – Sajith

· By damith
Story summary

Opposition Leader Sajith Premadasa stated that widening of the Value Added Tax (VAT) net by the Government from July 01, 2026 will drag in the Small and Medium-sized Business Enterprises (SMEs), with the financial services taxed higher, which will directly affect SMEs adversely as it will simultaneously increase tax…

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