State Minister Shehan Semasinghe attributes tax concessions to potential economic development

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State Minister Shehan Semasinghe says that the government’s tax concessions will result economic development in the future.

Speaking at a media briefing held today at Colombo Minister Semasingha said that this aim can be attained by empowering small and medium scale entrepreneurs and getting their contribution for the economic.

Such entrepreneurs can obtain the government’s relief package by submitting written request after consulting with banks before 31st of this month. The Minster added that the government has taken necessary action to block the auctioning of properties of entrepreneurs who obtain loans exceeding 300 million rupees.

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2020-Apr-02 | 11:04

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