» Motor vehicle tax increased in Sri Lanka
Ministry of Finance and Planning of Sri Lanka has decided to increase the import tax of the motor vehicles with effect from 31st March 2012.
The new tax changes are made for Cars, Vans, Three Wheelers and motor bicycles.
According The new tax changes , hybrids cars below 2000CC have been increased form 8% to 14%, petrol cars below 1000cc have been increased form 38% to 85%,Diesel cars below 1600cc have been increased form 73% to 114%, three wheelers have been increased from 8% to 40% and motor bikes have been increased from 24% to 51%.
According to the Ministry of Finance the motor vehicle charges were revised in order to reduce the number of vehicles imported to the country to avoid heavy traffic congestion.
» Foxhill Supercross 2012 On April 21
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The Fox Hill Supercross is one of the most exciting and thrilling motor cross events in Sri Lanka.It completed its successive 19th year in 2011 and is moving towards completing its landmark of two decades which indeed is a substantial achievement. The next Fox Hill Supercross is due to be held on 21 April 2012.