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DevelopingEconomy & businessUpdated

Tourism Development Levy to be abolished from April 2027

From Daily Mirror ·
Headline from Daily Mirror
2 outlets · 2 reports · latest EN 2English 2 · all privateOwners: all private.
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Tourism Development Levy to be abolished from April 2027Photo: Daily Mirror

AI summary · 1 min read

1 min readFrom 2 outlets
  • Daily Mirror reports that abolition is proposed to take effect on April 1, 2027.
  • Daily Mirror says the levy was imposed under the Finance Act No. 25 of 2003.
  • EconomyNext reports that the levy ranges from 0.5% to 1%, depending on turnover.

Daily Mirror reports that Sri Lanka’s 2027 Budget proposals would abolish the Tourism Development Levy (TDL) from April 1, 2027.

Daily Mirror reports that the levy was imposed under the Finance Act No. 25 of 2003. EconomyNext reports that its rate ranges from 0.5% to 1%, depending on turnover.

Based on: EconomyNext, Daily MirrorWritten by AI from EconomyNext, Daily Mirrorthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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