Wednesday, April 10, 2013

House to have special sittings to approve 11 financial bills

BillThe parliament has organized special sittings for Tuesday and Wednesday to debate and pass 11 financial bills that were pending from last month. The approvals of the bills were delayed since they were pending before court. The government presented 21 bills before parliament last month seeking approval before March 31st. However, 11 financial bills were challenged in the court. The bills are aimed at implementing certain recommendations made in the 2013 budget.
Main opposition United National Party (UNP) plans to oppose the bills while the JVP has objected to the financial bills and the manner in which they were tabled in the House.
Value Added Tax (Amendment) Bill, Inland Revenue (Amendment) Bill, Nation Building Tax (Amendment) Bill, Finance Bill, Betting and Gaming Levy (Amendment) Bill, Tax Appeals Commission (Amendment) Bill are among the 11 bills to be debated next two days.

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