{"id":94849,"date":"2019-11-06T11:43:58","date_gmt":"2019-11-06T18:43:58","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=94849"},"modified":"2019-11-06T11:43:58","modified_gmt":"2019-11-06T18:43:58","slug":"gotabaya-explains-the-need-for-a-simpler-tax-system","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2019\/11\/06\/gotabaya-explains-the-need-for-a-simpler-tax-system\/","title":{"rendered":"Gotabaya explains the need for a simpler tax system"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Adaderana<\/em><\/span><\/h2>\n\n\n<p>Gotabaya Rajapaksa, the Presidential Candidate of Sri Lanka Podujana Peramuna (SLPP), says he will take steps to remove the unnecessary taxes imposed on the people and introduce a simpler tax system.<\/p>\n\n\n\n<p>Addressing a rally held in Mathugama, he says that the complexity of the current tax system has created a situation where people are not paying their taxes. As a result, government revenue has decreased and corruption has increased, he pointed out.<\/p>\n\n\n\n<p>It is an issue for government officials as well to manage the complex tax system and therefore, the existing tax system should be simplified, Rajapaksa said.<\/p>\n\n\n\n<p>It is the responsibility of a government to encourage industries, investors, and businessmen, increase consumption and encourage people to save, according to the former Defence Secretary.<\/p>\n\n\n\n<p>Pointing out that reducing the VAT to 8% would bring relief to all sectors, Rajapaksa said that this would increase government revenue, bring more investments, create more business and build an environment where taxation is easier.<\/p>\n\n\n\n<p>Rajapaksa further stressed that this would interest the public more to pay taxes and make it easy for government officials to manage taxation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Adaderana Gotabaya Rajapaksa, the Presidential Candidate of Sri Lanka Podujana Peramuna (SLPP), says he will take steps to remove the unnecessary taxes imposed on the people and introduce a simpler tax system. Addressing a rally held in Mathugama, he says that the complexity of the current tax system has created a situation where people [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-94849","post","type-post","status-publish","format-standard","hentry","category-politics"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/94849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=94849"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/94849\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=94849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=94849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=94849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}