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Relief for agricultural produce will continue.

Oct 2, 2010 7:23:26 AM - itnnews.lk

Minister Mahinda Yapa Abeywardena has said that the tax relief granted for agricultural produce will be extended for five more years.

He said that the revenue from agricultural produce was exempted from income tax during the past five years. He said that this is a productive programme launched by the President. A number of companies launched agricultural projects, reaping the benefits of this concession. Therefore he requested the Government to extend the relief for five more years as the country has witnessed positive results from it.