Government of Sri Lanka continuous take actions for improve his economic through some of the target ways like tourism, agriculture and also service sectors. Main focus on tourism so that country takes many action as a part of the action taken on first of June.Slashed an import excise duty on vehicles by 50 percent amid a pick up in economy and demand for vehicles and lifted a general 15 percent surcharge on all imports and slashed duties on electronic items.
For example Maruti car down 183 percentage to 90 percentage, Cars added nearly 300% of excise duties, some of the sales said the price of japans vehicle could not come down more, because production cost of the japan vehicle increase and also the dollar value changing effect.
Government aimed two goals through strategic movement. one of the increase the revenue of income from import excise and income tax, another one is increase society level so that easy to moderated economic.
First way like many of the private companies using now days like nano cars, lower cost of motor bikes. through increase no of trade and also impress income tax for corporation, individual and impress some tax road tax, packing charges like foreign style.
Another part increase society standard, broken berries Cars utilization for only higher class, easy to access the tourism and also boost for improve his life standard. In Sri Lanka prices of wearing apparel are already considered attractive.
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