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Business

CoPF approves tea license fee to fund industry development

The Committee on Public Finance (CoPF) approved the Regulations under the Tea (Tax and control of export) Act, No. 16 of 1959. This...

Sri Lanka

Sri Lanka’s tea industry faces collapse as Govt moves to scrap SVAT

Key stakeholders in Sri Lanka’s tea industry have have raised serious concerns over the government’s proposed removal of the Simplified Value-Added Tax (SVAT)...

Business

Six tea factories were shut this year so far – Minister

As many as 213 tea factories had been closed down due to various reasons since 1986, said Minister of Plantation and Community Infrastructure...