United States Virginia change
Sri Lanka Breaking News
Sri Lanka parliament
vivalankaSri Lanka newsSri Lanka businessSri Lanka sportsSri Lanka technologySri Lanka travelSri Lanka videosSri Lanka eventssinhala newstamil newsSri Lanka business directory
vivalanka advertising
Stay Connected
Popular Searches
T20 World Cup
Sponsored Links
Sri Lanka Explorer

Reduction of vehicle prices a bonus to people

Jun 6, 2010 12:21:40 PM - itnnews.lk

The reduction of import duty on vehicles by 50 percent would help reduce prices of new and reconditioned vehicles in the market providing a bonus to the people.

Buying a vehicle had become only a dream to most people due to the high import duties. With the reduction of the duties by 50% many people will be able to realize this dream. The import of new vehicles would also help to minimize environment pollution. Expressways are being built throughout the country. These roads need suitable vehicles. Minister Ranjith Siyambalapitiya said that this concession would fulfill all these requirements.