English and Tamil tele-dramas, movies and advertisements to be exempted from taxation.
Minister Ravi Karunanayake proposed to simplify tax code and to increase tax revenue to 18% of GDP by 2018
Minister Ravi Karunanayake also said Sri Lanka would be made asbestos free by 2018. Roofing tile companies to be granted a 50% tax incentive for three years to encourage production of enviornmentally friendly material.
The Government official news portal is maintains by the New Media Unit of the Department of Government Information and it was titled "news.lk" and commenced in mid1996 and release to Internet from March 01st, 1997.
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